UK helps Ghana revamp textile-clothing industry
The program helps create the policy environment needed to stimulate investment in these sectors so that they operate to their full potential, generate wealth and create jobs, she said.
Ghana is receiving support from the British government, through the UK-Ghana Partnership for Jobs and Economic Transformation, to transform high-potential sectors including garments and textiles, according to the British High Commissioner to the Ghana, Harriet Thompson, who recently visited Volta Star Textiles. ltd. in the North Tongu district of the Volta region.
Her team was helping Ghana identify the right investors for the plant in financing to enable the plant to return to its former days of full operation and production, she said as quoted by Ghanaian media.
The factory now employs 750 workers instead of around 2,000 previously.
Samuel Okudzeto Ablakwa, Ghanaian Member of Parliament for North Tongu Constituency, said advanced discussions were underway with investors in the UK who had expressed interest in revamping the facility.
Thompson also indicated that neighboring company Akosombo Textile Limited would also feature in the UK trade portfolio, which they were looking to increase under the new Ghana-UK trade deal, he added.
Fibre2Fashion (DS) News Desk