Efforts towards revamping the operations of the Ghana Publishing Company Limited to become competitive is on course, with the company procuring some fast-performing printing machines to boost production, ABC News can report.
The company, as part of its restructuring agenda, has inaugurated a new publishing unit also known as the Assembly Press, in Accra.
The unit has five speedmaster colour machines, known in the printing industry as the Perfect Binder, a two-colour speedmaster machine and a cutting-edge folding machine.
They were procured from the company’s internally generated funds.
The Ghana Publishing Company Limited is in charge of Gazetting and printing all Government of Ghana documents including Acts, Bills, LIs and CIs, and engages in the sale of Books and other publications. It also does Commercial printing and publishing.
The state-owned publishing company, has suffered financial challenges over the years, a situation that has crippled its ability to generate enough revenue to sustain and diversify its operations to become economically viable.
Government, through the current management of the company has taken steps to completely overhaul the company and retool it to restore its competitiveness.
Speaking at the inauguration of the company’s new publishing unit, its Managing Director, Mr David Boateng Asante expressed confidence that the new machines will make the company become highly competitive in the industry.
He said the arrival of the new machines, meant that the company was well placed to win back public contracts it lost to private firms in the past.
“Our extended capacity has given so much result. As we speak, we are currently one of the companies selected for printing a reasonable chunk of materials for the incoming District Assembly level Elections. We have internally generated resources to acquire about four new machines which will become part of the operational fleet of this company. These machines are meant to make us more competitive in the industry. We seek to be very competitive to the extent that we are going to knock off some private entities who are taking huge chunk of state jobs”.
For his part, the Minter of Information, Kojo Oppong Nkrumah, urged workers of the company to value the equipment by working harder to enhance the productivity and profitability of the company.
“Our expectation is that, now you have quicker turnaround times; you have world class printing and packaging abilities, and you can compete with all other players on the market. Let me be quick to say that, machines alone will not do the work; it takes human beings, well trained, well-motivated, dedicated, to operate and to maintain these machines, so that they deliver value for all the stakeholders, and they deliver profitability to us shareholders as well,” he said.