Cocoa Processing Firms Get Incentives

Vice President, John Dramani Mahama has affirmed government� policy of providing incentives to companies engaged in the tertiary processing of cocoa. According to him, the inducement package would facilitate the processing of about 60 percent of cocoa beans in the country as announced by President John Evans Atta Mills in his first sessional address. He made these known at the launch of cocoa products at Cargill Ghana Limited (CGL) in Tema. Cargill is one of the world�s leading brands in the processing of cocoa. The launch of the company�s products was christened �Good Taste of Ghana,� and was aimed at reinforcing the country�s position in the world. Cocoa can be processed as dairy, bakery, ice creams, compound coatings, desserts and fillings in food preparations. Leo Winters, Managing Director of CGL, confirmed the company�s commitment in supporting government to expand the cocoa industry through the provision of initiatives for farmers and local businesses in order to create jobs and increase export revenue. He said: �Our partnership is already bearing fruits in the Ashanti Region, we have teamed up with CARE, a child related organization to increase school attendance by 17.5 percent.� The huge investment of Cargill in the economy, Mr. Winter noted, would pave way for other leading manufacturing giants. Piet van Amelrooij, the Director of Cocoa Powder Sales at Cargill International, explained that the effective marketing of cocoa products in the country would significantly improve the global food chain supply.