Business
BUA Group Plans Sugar Factory In PH
BUA Group of Companies will venture into sugar production in Port Harcourt within the first quarter of next year.
The Tide gathered that work on the factory of the company is in progress and is being intensified to meet up the target.
It was also learnt that the factory building is being handled by Indians, and that it is the only sugar manufacturing company in South-South by the company.
The Tide source disclosed that although truck loads of BUA sugar fortified with vitamin A was being sold at their Port Harcourt ware-house which was shipped from Lagos, but with the production in Port Harcourt, they would satisfy the demand of their numerous customers in the South-South region of the country.
Our source also revealed that apart from the production of sugar in Port Harcourt, the company would soon go into production of BUA flour and Pasta Premium spaghetti, having been in cement, Estate, Ports and Terminal sector of the economy.
The Tide gathered that the sugar factory when completed would generate employment opportunities for the teeming people of Rivers State and the South-South in general.
Confirming this development, the Administrative Manager of BUA Ports and Terminal, Port Harcourt Ports, Diseph Igoni said work is in progress and that when completed would engage thousands of workers that would run shifts.
Igoni thanked the people of the community for their co-operation and understanding, stressing that the firm would also ensure that they are carried along in the scheme of things.
BUA Ports and terminals is one of the concessionaires of Port Harcourt Ports, Rivers State.