Cement prices in Ghana have seen a significant decrease of around 20 percent. This was announced by President John Mahama.
The drop in prices is linked to improved economic stability in the country. Government efforts to work with industry businesses also contributed to this change.
President Mahama made these remarks at the opening of a new Calcined Clay plant. The plant is described as the world's largest.
It is located in the Free Zones Enclave in Tema. The commissioning event highlighted recent progress in the construction sector.
The president noted that the cement industry has been a focus for government policy. These policies aimed to create a more favorable market.
The reduction in cement costs is expected to benefit the broader construction industry. This could lead to lower costs for building projects across Ghana.