The local unit of the France-based cocoa processor in Ghana, Cocoa Touton Processing Company (CTPC), has commended the Ghana Cocoa Board (COCOBOD) for the regular supply of beans, which has ensured that the company remains in business and produces at maximum capacity.
The Deputy Chief Executive Officer of the Touton Group, Mr Olivier Lieutard, said but for the constant supplies, the company would not have been able to process 30,000 tons of beans annually, which it exports to Europe, USA and the Middle East.
He made this known when President John Dramani Mahama and the visiting Prime Minister of Ethiopia, Mr Haile Mariam Desalegn, paid a working visit to the factory premises of Touton.
The two leaders visited and toured the factory of the company at the Tema Free Zone Enclave on April 8, as part of activities aimed at highlighting Ghana's sturdy growth and development in the manufacturing sector.
The visit to CTPC's factory further deepened the Ghana-Ethiopia diplomatic ties and consolidated Ghana's position as the preferred destination for trade and investment on the continent. Ghana has, over the years, earned a reputation as the most preferred destination for investments in the subregion on account of a stable democracy, respect for the rule of law and a thriving and enabling business environment.
Touton in Ethiopia
Welcoming the two leaders to the factory's premises, the deputy CEO emphasised the importance of both countries to the operations of the company.
"Besides trading in Ghana cocoa, Touton has also been trading with Ethiopia in coffee over the past 10 years."
"Ghana and Ethiopia respectively, produce the most premium quality cocoa and coffee in the world," he added.