Ghana signs $270m poultry project deal to cut chicken imports
The 24-Hour Economy and Accelerated Export Development Secretariat has brokered a $270 million investment agreement to revitalise Ghana’s poultry industry, expand domestic production and reduce the country’s dependence on imported chicken. The post Ghana signs $270m poultry project deal to cut chicken imports appeared first on Ghana Business News .
Ghana has signed a $270 million investment deal to revamp its poultry industry, aiming to cut chicken import costs and boost domestic production. The agreement, brokered by the 24-Hour Economy and Accelerated Export Development Secretariat, will support feed production, hatcheries, commercial farming, processing, cold-chain infrastructure, and distribution.
This move is expected to generate thousands of jobs and strengthen local participation in the poultry industry. Currently, Ghana imports about 270,000 tonnes of chicken annually, costing approximately $400 million in foreign exchange, despite having the resources to support a thriving domestic industry.
Brief written by urgent.news from Ghana Business News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
