Ghana to engage Private Sector to establish three garment factories

Jangoulun Singsit

Mon, Apr 28, 2025, 7:02 AM 2 min read

The constitution of these plants is simply a constituent of Ghana President John Dramani Mahama's broader program aimed astatine accelerating concern maturation and expanding employment opportunities, reported Ghana News Agency.

The announcement was made by Trade, Agribusiness, and Industry Minister Elizabeth Ofosu-Adjare during her code astatine the Kwahu Business Forum's 2nd variation successful Mpraeso, located successful the Eastern Region's Kwahu South District.

The ministry is focused connected fostering strategical enhancements successful worth chains to rejuvenate underperforming sectors and boost accumulation capacities for home and planetary markets.

The inaugural involving the garment factories successful Ghana is anticipated to beryllium a pivotal origin successful the translation of the nation's economical scenery and successful generating enduring employment prospects.

President Mahama was quoted by Ghanaian Times arsenic saying: “We are prioritising sectors that tin sorb labour and turn our system sustainably— agro-processing, ICT, manufacturing, tourism, renewable energy, and the greenish economy. But our absorption is not lone connected attracting overseas investment. We are arsenic committed to empowering Ghanaians to go owners and drivers of enterprise.”

The planned facilities are envisioned arsenic portion of the 24-hour Economy Policy.

Although elaborate accusation astir the factories has not been released, it is anticipated that each of the garment manufacturing units volition person the capableness to supply employment for 3,000 workers per shift.

This improvement is expected to effect successful a cumulative instauration of 27,000 occupation opportunities wrong the nation.

Additionally, Ofosu-Adjare is acceptable to spearhead a delegation comprising salient figures from the backstage assemblage connected a travel to China. The intent of this sojourn is to behaviour focused business-to-business (B2B) engagements.

The Kwahu Business Forum, spanning 2 days and themed "The Future of Business: The Role of the Financial Sector," represents a important governmental effort to beforehand entrepreneurship and bolster tiny and mean enterprises (SMEs) successful Ghana.

A cardinal legislative extremity for the twelvemonth includes passing the Business Regulatory Reform Commission Bill. This measure aims to institutionalise betterment processes, span gaps betwixt nationalist and backstage assemblage interests, and instrumentality regulatory interaction assessments.

In 2023, World Shoe Social Enterprise, a Ghanaian societal endeavor affiliated with World Shoe, inaugurated its archetypal mill successful Ghana, which is susceptible of producing much than 5 cardinal shoes that prioritise performance, biology sustainability, and illness prevention.