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March 18, 2026
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Tano South MP urges GCMC revival as catalyst for jobs and industrial growth
Money
Policy
Opportunity
Growth
Key Points
- MP Charles Asiedu urges the government to prioritize the revitalisation of the Ghana Cylinder Manufacturing Company (GCMC) as an urgent job creation and industrial development initiative.
- The GCMC, which suffered a GH¢4 million loss in 2021 before being acquired by Ghana Gas in 2023, is seen as crucial for local employment, manufacturing capacity, and positioning Ghana as a regional leader in clean cooking solutions.
- The MP proposes a multi-pronged roadmap including targeted state capital injections, strategic joint ventures, government procurement policies favouring local products, and leveraging the African Continental Free Trade Area (AfCFTA).
- Revitalizing GCMC is linked to expanding LPG access, which currently serves 40% of Ghanaians, towards an ambitious 50% penetration target by 2030, and supporting Ghana's climate goals.
- Asiedu calls for decisive action, beyond the recent acquisition, and stronger performance-based accountability mechanisms across state-owned enterprises.
Why This Matters
This matters for Ghana because it addresses critical issues of industrialization, job creation, and energy security through a strategic state-owned enterprise. Revitalizing GCMC could significantly boost local manufacturing, expand access to clean cooking fuel for a large portion of the population, and position Ghana as a regional leader in climate action, aligning with national development goals and reducing import dependency.
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