B5 Plus Limited, a leading name in the steel manufacturing industry in Africa has been adjudged the Fastest Growing Company of the year at the 5th AGI Ghana Industry Awards (GIA).
The AGI Ghana Industry Awards seeks to reward companies that have achieved outstanding success in various areas of the industry in the year under review.
The awards night held at the Banquet Hall of the State House in Accra under the theme “Growing Local Industry for Export Development and Job Creation” was in recognition of the immense contribution B5 Plus located at Tema has made and continues to make in terms of job creation, development and growth of Ghana.
The B5 Plus Ltd’s award came on the heels of the one the establishment won last year as the Best Corporate Social Responsibility company. It was organized by the Association of Ghana Industries(AGI) in collaboration with Ministry of Trade.
Chief Executive Officer (CEO) of B5 Plus Ltd, Mr. Mukesh V. Thakwani who led top Management members to receive this year’s award, in his remarks, expressed gratitude on behalf of the company’s board and management to AGI for recognising the company’s hard work and pledged to continue to produce quality steels to promote ‘made in Ghana’ goods.
He said the award was a deserved one, stressing that B5 Plus’s feat was unmatched in the steel manufacturing industry not only in Ghana but across the West Africa sub-region.
“We have for the past decade consistently produced quality steel, employed a lot of Ghanaian and used local content in production.”
“We have also paid attention to our corporate social responsibility (B5 Plus Foundation), which had since made a lot of impact in the country in the health and education sectors in deprived areas; and we have also fulfilled our financial obligations to the state by consistently paying taxes and dividends.”
He noted that B5 Plus, the largest of its kind across the entire sub-Saharan Africa will continue to invest in the company to make it the preferred destination for the supply of structural steel to renowned construction companies in West Africa.
“B5 Plus has the infrastructure, expertise, capacity and the vision to support in the development of West Africa. Its vision is to make Ghana the manufacturing and export hub of quality steel to all the markets in the West African countries,” he stated.
He pointed out that the ‘Fastest Company of the Year’ award was won through teamwork, consequently he dedicated it to the staff, customers and all who are associated with the company.
Mr. Thakwani was appreciative to AGI for working hard to see to the development of industries in the country by overcoming bottlenecks and challenges which militate against the industry’s growth and achieving excellence thereby.
President of AGI, Mr. James Asare-Adjei, in his address expressed worry that once vibrant companies in the textiles, alumina, vehicle assembly, glass manufacturing and the processing of agriculture products like meat, sugar, tomatoes and citrus processing sector have all collapsed.
According to him, industries will continue to shrink and the nation risk losing its industrial base if government’s policies do not address the challenges besetting industries to revive the sector.
He commended the awardees for their hard work, and urged all companies present to be spurred on to continue improving their operations and providing Ghanaians with good quality ‘made-in-Ghana’ goods.
B5 Plus has made it a policy to use only ‘made in Ghana’ products as much as possible and exports steel to most of the Ecowas countries.
The company, started in year 2002 has emerged as a market leader in West Africa and is the leading steel manufacturing and trading company in Ghana with a complete range of steel products from mild steel to special steel suitable for construction of small scale projects to huge ones like the mining industry, shipping, engineering, automobile industry and real estate projects.
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