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Ghana: Western Region invites investment in $400 mln coconut industry

Western Regional Minister Kwabena Okyere Darko-Mensah has invited investors to explore opportunities in the coconut production industry in the region. He said the Western Region, which produced about 85 per cent of the nation’s coconut, had structures in place to realise a minimum of $400 million annually from the crop.

The Minister was speaking at a regional focus event in Ho, which formed part of the 35th National Farmers Day. He said five million coconut seedlings would be produced with the establishment of two new nurseries at Shama and Jomoro. “Come and invest in our coconut industry if you want to get rich. Our coconut is entirely different from all others in Ghana because of good soil and water quality.”

Okyere Darko-Mensah said improved coconut hybrids resistant to the Cape Saint Paul’s Wilt Disease (CSPWD) had been developed, and that the Region produced internationally acceptable coconut oil.

He said a 15 acre nursery had been established at Anyinase to produce 45,000 hybrid seedlings resistant to the CSPWD annually, and that the Coconut Development Unit was also assisting farmers re-grow trees lost to the disease.

The Minister said the Region was also the hub for the production of other tree crops including coffee, oil palm, and rubber, with a significant number of agro based industries flourishing.

Source: ghanabusinessnews.com


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