Interviews
Garment industry dooms as shipments become problematic
20 Jun '08
1 min read
Enterprises in the garment industry are troubled by a number of problems faced while running business operations in Ghana.
Manufacturing units have invariably found themselves at a loss when it comes to timely delivery of their assignments, thanks to the shipping problems.
While competing countries take 18 days to ship their wares, Ghana takes about 45 days to reach the same destination, quite obviously failing to meet deadlines.
This has resulted in loosing very lucrative business contracts from America to other countries which could have otherwise fetched very good profits to the Ghanaian garment industry.
Moreover, non-availability of skilled personnel, lack of technical know-how among staff, sub-standard infrastructure, high cost of labor, electricity, transportation and non-availability of raw materials have also played a major role in impacting the garment business of Ghana.
If this was not enough, financial constraints, high rates of interest, low efficiency and productivity levels have contributed no less to impede the growth of the industry.
Manufacturing units have invariably found themselves at a loss when it comes to timely delivery of their assignments, thanks to the shipping problems.
While competing countries take 18 days to ship their wares, Ghana takes about 45 days to reach the same destination, quite obviously failing to meet deadlines.
This has resulted in loosing very lucrative business contracts from America to other countries which could have otherwise fetched very good profits to the Ghanaian garment industry.
Moreover, non-availability of skilled personnel, lack of technical know-how among staff, sub-standard infrastructure, high cost of labor, electricity, transportation and non-availability of raw materials have also played a major role in impacting the garment business of Ghana.
If this was not enough, financial constraints, high rates of interest, low efficiency and productivity levels have contributed no less to impede the growth of the industry.
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