Tano South MP and a member of Parliament’s Energy Committee, Charles Asiedu, has urged the government to urgently revive the Ghana Cylinder Manufacturing Company Limited.
He described the struggling state-owned firm as a potential driver of jobs and industrial growth.
Speaking on the floor of Parliament, Mr Asiedu said restoring the company’s operations could generate thousands of jobs across the country.
He explained that the revival would stimulate employment not only in manufacturing but also in distribution, retail and installation services nationwide.
Mr Asiedu called for targeted government investment to modernise the company’s production lines and introduce new fabrication technologies.
The Ghana Cylinder Manufacturing Company recorded a GH¢4 million loss in 2021. In 2023, the Ghana Gas Company Limited acquired the firm to prevent its operational collapse.
While welcoming the takeover, Mr Asiedu said the move alone would not be enough to restore the company’s fortunes.
He proposed additional measures, including joint ventures with private investors and procurement policies that prioritise locally manufactured cylinders.
The MP also called for stronger accountability systems within state-owned enterprises to improve efficiency and performance.
Mr Asiedu further urged the government to leverage Ghana’s membership of the African Continental Free Trade Area to expand markets for the company’s products.
According to him, opening neighbouring markets would create new opportunities along export and logistics value chains.
“These measures will not only revive an important industrial asset, but they will also create jobs, boost local manufacturing and help push Ghana towards its 2030 clean cooking goals,” he said.
He called on Parliament, the executive arm of government, and private-sector stakeholders to work together urgently to revive the company and strengthen Ghana’s manufacturing sector.
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Source: www.myjoyonline.com
