Home / Knowledge / News / Apparel/Garments / Apparel industry of Ghana to get a makeover
Apparel industry of Ghana to get a makeover
25
Aug '15
The Ministry of Trade and Industry of Ghana will begin the task of restructuring the apparel industry to attract investors, and build a sustainable source of foreign exchange inflows.

As a part of the revamping process, the Ministry plans to identify and secure locations for setting up new garment factories, solicit and provide required utilities, and upgrade and equip existing training facilities, according to Ghanaian media reports.

The Ministry's decision follows extension granted to qualifying Sub-Saharan African countries to export to the US without quotas and duties, under the African Growth and Opportunity Act (AGOA). The AGOA law, which benefits 37 Sub-Saharan African countries, was recently extended till 20 September 2025 by the US government.

Gerald Nyarko Mensah, technical advisor on export of the Ministry of Trade and Industry explained that the initiative to reposition the country's garment industry is a part of the five-year National Export Development Plan (NEDP), which intends to pump the export income to $5 billion.

Addressing a two-day workshop in Accra recently, Mensah stressed the need for vigorous capacity building, and added that Ghana has the potential to revitalise the industry to create improved economic development in spite of challenges of energy, water, and factory space.

Abou Fall, a global value chain specialist at AGOA, said laying the right mechanism in place could help Ghana benefit greatly from the next phase of the AGOA.

The chief of Party of the Trade Hub and African Partners Network, Jeffery Povolny, said the renewal of the AGOA legislation was an opportunity for Ghana to revive industrialisation. He added that the country had valuable resources, including competent labour force to engage in apparel industry. (HO)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search