Home / Knowledge / News / Textiles / New textile factory to come up in Ghana with Chinese help
New textile factory to come up in Ghana with Chinese help
08
Nov '16
A new textile factory will be set up in Ghana's Savannah Accelerated Development Authority (SADA) zone at a cost of $300 million. SADA and the China National Textile and Apparel Council (CNTAC) have signed a MoU in this regard. For cultivation and processing of cotton, the main raw material for the factory, CNTAC had already purchased 5,000 acres of land.

The MoU was signed by ambassador Kwesi Quartey, secretary to the Ghana president and CNTAC vice-president Xu Yingxin, Ghanaian media reported.

Yingxin said that the agreement would not only be beneficial to both parties, but would also lead to the strengthening of relationship between the two countries.

Ghana government had established SADA to develop Savannah Ecological Zone. SADA was one of the flagship initiatives of the Ghana government aimed at fast-tracking the development of the northern, upper east and upper west regions of the Savannah Ecological Zone and the northern parts of the Brong Ahafo and Volta regions, said Quartey.

He added that SADA is an initiative to facilitate the development of the Savannah Ecological Zone which is deprived to bridge the development gap between the area and the southern sector of the country. (RR)

 

Fibre2Fashion News Desk – India

Must ReadView All

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
February 2017

February 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