Company Profile and Project Description
The project is construction of a facility for the production of marble-based sanitary ware in Ghana. The products will be produced using the cultured marble technology synonymous with export markets such as the USA and Canada. The project will supply the marble products to various segments within the commercial and housing sector in Ghana, which averages 300,000 new units every year.
Imports of ceramic tiles, sinks and bathtubs imported into Ghana in 2009 alone was more than GH¢8 million and this had grown by a significant 20% from the previous year. The project rationale is to pursue the cost advantages of local production and marketing and pass these on as savings ( cheaper marble products at comparable quality) to local consumers.
Over 80% of raw material requirements ( ground limestone, ground rock, quarry and marble dust) for the project will be sourced locally.
firstname.lastname@example.org , 026 556 0612
|Name of Company :||City Marbles International Co. Ltd|
|Company’s Nature of Business :||Production of ‘cultured marble’ sanitary-ware|
|Project Intention :||Expansion|
|Market :||Local/ Export|
|Type of Cooperation sought :||Debt or Equity Financing|
|Amount Sought :||$92,857.00|