During the historic Public-Private Partnership (PPP) Agreement Signing Ceremony between PSL Machinery and the Tree Crops Development Authority (TCDA) of Ghana, PSL Machinery is proud to see the strategic discussions and shared vision of both parties officially highlighted and documented by VTV, Vietnam’s leading national television broadcaster.
Representing PSL Machinery, Sir John Azar, Chairman of PSL Group, shared the company’s long-term vision and the comprehensive development roadmap for Ghana’s cashew industry through this PPP agreement. His remarks emphasized PSL Machinery’s commitment to building a sustainable and globally competitive cashew-processing ecosystem in Ghana. Under this strategic partnership framework, PSL Machinery will deploy thousands of scalable cashew processing factories across Ghana. The company will provide complete turnkey solutions, including solar-powered steel building construction, advanced cashew processing machinery, full factory management services, and professional workforce training. PSL Machinery will also operate an exclusive cashew kernel buyback program, ensuring a reliable market for processed kernel output and supporting long-term operational sustainability.
Notably, Dr. Andrews Osei Okrah, CEO of the Tree Crops Development Authority (TCDA), recognized PSL Machinery as a highly important strategic partner after closely following the company’s achievements and international projects across the global cashew industry.
This initiative has also received strong support from H.E. John Dramani Mahama, President of Ghana, who has reaffirmed the country’s commitment to developing its domestic cashew processing industry. The government aims to increase local processing capacity to handle 50–60% of Ghana’s raw cashew nut production in the medium term, with a long-term goal of achieving 100% domestic processing. This ambition reflects Ghana’s determination to accelerate industrial development, create jobs, and add greater value to its agricultural resources through expanded local cashew processing.
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