Economic feasibility of maltose production in Ghana

English

This study forms part of activities being undertaken on the 'New Markets for Cassava Project'. The main project, which is funded by DFID and implemented by NRI in collaboration with various institutions in Ghana, ,aims at expansion of the utilization and market base for cassava. Among the value added cassava products developed so far under the project is cassava based sugar syrup. This study w,as therefore commissioned with a general objective of analyzing the economic feasibility of cassava based sugar syrup (Maltose) production in Ghana. The current study considers alternative options of cassava-based sugar syrup production with the view of presenting a high-yielding alternative that makes the most effective contributions to the national economy in tenns of income distribution, foreign exchange savings, job creation and improvement to other social indicators. Thus, as a background to the study, the usefulness of the proposed project is considered in the context of government of Ghana's social and economic development objectives as well as the current agricultural policy framework in Ghana. Economic analysis, which is a build-up on financial analysis, gives accurate reflection of a project's income generating capacity. Results and findings from the study would therefore assist both researchers and potential investors in making informed decisions on the viability or otherwise of sugar syrup production in Ghana.

Quaye, W.; Ameleke, G.; Dziedzoave, N. T.