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Ghana govt resolute to resuscitate textile industries
27
Jan '16
Ghana government is determined to revive the textile industry to produce more for its exports, Kweku Ricketts Hagan, the deputy minister of trade and industry has said, according to Ghanaian media reports. The government is also taking steps to invest in the local textile industries to promote it in the international market.

Speaking at the 50th anniversary celebration of the Ghana Textile Printing (GTP) company, Hagan said the ministry is working persistently to revamp dormant manufacturing companies such as the Juapong and Volta Star Textiles factories to make Ghana an export rather than import oriented nation.

The government would also resuscitate the cotton industry to ensure that most of the lint is produced in the country, he added.

Hagan further said that for a country like Ghana whose imports exceeds its exports, it is essential to add value to its raw materials. This would help the country's economy to improve and would also help in creating more jobs for the Ghanaian youth.

Unstable power supply has been the major concern of manufacturing companies in the country for which the government has initiated some measures to solve the situation, said the deputy minister. (NA)

Fibre2fashion News Desk - India


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