On Thursday, October 8, 2026, President John Dramani Mahama commissioned Nestlé Ghana’s expanded evaporated milk production line at its Tema factory, a GHS59 million modernisation project designed to boost output, enhance efficiency and supply both domestic and regional markets.
During the ceremony, the president highlighted the government’s commitment to a stable economic environment that attracts investment and strengthens local manufacturing. He underscored that predictable fiscal policies, controlled inflation, stable foreign‑exchange rates and reliable energy supply are essential for business confidence and expansion.
“Capital goes where it is safe, but it stays and expands where there is stability and supporting infrastructure,” Mahama said, adding that the government would keep working to ensure reliable electricity and sound economic conditions to drive industrial transformation.
Salome Azevedo, Managing Director of Nestlé Ghana, affirmed the company’s long‑term commitment to the country, describing the expansion as a sign of confidence in Ghana’s manufacturing sector and economic prospects. “This milestone is more than the completion of a major investment; it is a strong expression of Nestlé’s confidence in Ghana, our enduring commitment to local manufacturing, and our conviction that Ghana will continue to play a leading role in the future of Central and West Africa,” she said.
The new facility follows Nestlé’s earlier GHS175.4 million investment in a cereal production line and the announced plan to spend an additional GHS138 million to double Milo production capacity and install another evaporated milk line. These moves are expected to further cement Ghana’s position as a regional manufacturing hub while supporting local production and supply to markets across the region.
