Cement prices in Ghana have decreased by about 20 percent. President John Mahama announced this positive change.
The President said improved economic stability played a key role. He also mentioned discussions between the government and industry leaders helped bring prices down.
These remarks were made during the inauguration of the world's largest Calcined Clay plant. The plant is located in the Free Zones Enclave in Tema.
President Mahama emphasized that the cement industry has received significant attention from government policies.
This price drop is expected to help the construction sector. Lower costs can make building projects more affordable.
The new plant represents a major development in cement production in Ghana. It is described as the world's largest of its kind.
The commitment to supporting the industry was reinforced by the President's presence at the plant's commissioning.
Government efforts to stabilize the economy are showing tangible results for consumers and businesses.