B5 Plus Steel Manufacturers has taken a decisive step toward redefining Ghana’s industrial landscape with the commissioning of a new 24-hour production facility, as President John Dramani Mahama officially opened the expanded plant on Friday, February 20.
The move marks a significant milestone in the country’s renewed push for industrial transformation and economic resilience.
The commissioning of the state-of-the-art Steel Ball Mill and Section Mill Manufacturing Plant by B5 Plus Group signals a bold commitment to Ghana’s 24-Hour Economy agenda.
The facility is designed to operate around the clock, ensuring continuous production to meet growing domestic and regional demand for steel products.
At the ceremony, President Mahama described the investment as a practical demonstration of industrial self-reliance and forward-looking economic leadership.
He noted that strengthening domestic manufacturing remains central to Ghana’s long-term development strategy.
The newly commissioned plant significantly expands Ghana’s capacity to produce structural steel sections and grinding media balls for the mining sector.
It also includes advanced production lines for pre-engineered building (PEB) systems and heavy industrial structures.
Industry experts say the development could transform supply chains for key sectors such as mining, construction, and infrastructure.
By producing critical steel components locally, Ghana reduces reliance on imports while stimulating local value addition.
President Mahama underscored the financial implications of the project, emphasizing the potential savings in foreign exchange.
He noted that reducing steel imports by even 20 to 30 percent annually could save the country hundreds of millions of dollars.
“This is what industrial sovereignty is about,” he declared, highlighting the need for Ghana to take control of strategic sectors that directly impact national growth and stability.
The President further explained that steel consumption is widely regarded as a barometer of economic development.
According to him, countries experiencing rapid infrastructural expansion and urbanisation often see a parallel rise in per capita steel consumption.
Across emerging markets, he observed, steel production and industrial expansion move in tandem.
Ghana’s ambition to accelerate infrastructure development makes the strengthening of domestic steel manufacturing a logical and necessary step.
The B5 Plus facility is also expected to create significant employment opportunities.
Operating on a 24-hour schedule will require expanded shifts, technical expertise, and skilled labour, offering jobs to engineers, technicians, and industrial workers.
Beyond employment, the plant’s output includes warehouses, tankers, trailers, and factory systems, broadening Ghana’s industrial manufacturing base.
These products are essential for logistics, construction, and industrial operations nationwide.
Business leaders present at the commissioning praised B5 Plus for its long-term investment in Ghana’s economy.
They described the facility as a symbol of confidence in the country’s industrial future.
The 24-Hour Economy concept, championed by President Mahama, aims to maximize productivity by encouraging businesses to operate beyond traditional working hours.
B5 Plus’s extended operations model demonstrates how the policy can translate into tangible industrial output.
Analysts believe the ripple effects of the project could extend beyond Ghana’s borders.
With increased production capacity, the company is well-positioned to serve regional markets under the African Continental Free Trade Area framework.
Reducing import dependency also strengthens Ghana’s trade balance. By manufacturing steel products locally, the country retains more value within its economy while building stronger industrial linkages.
The mining sector, a major consumer of grinding media balls, stands to benefit directly from the new plant.
Reliable local supply could lower costs and reduce delays associated with importing critical materials.
Construction firms are equally optimistic. The availability of locally produced structural steel sections and PEB systems could accelerate project timelines and lower overall development costs.
Economists argue that investments of this scale send a strong signal to foreign and domestic investors.
A modern steel manufacturing base enhances Ghana’s attractiveness as a destination for industrial partnerships and joint ventures.
President Mahama concluded that Ghana’s path to economic transformation depends on bold, large-scale investments in manufacturing.
He reiterated that sustainable growth cannot be achieved without building strong local production capacity.
With the commissioning of its expanded facility, B5 Plus Steel Manufacturers has positioned itself at the forefront of Ghana’s industrial renaissance.
As the 24-Hour Economy agenda gathers momentum, the company’s pioneering role may well shape the future of steel production and industrial development in the country.
