Prime News Ghana

Gov't targets $1.2b investment for garment sector by 2030 – Deputy Minister

By Vincent Ashitey
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The Ghana government aims to attract $1.2 billion in new investments to create 150,000 jobs in the garment and textiles industry by 2030.

It also plans to revive cotton cultivation across 50,000 hectares to support local raw material supply.

Mr. Samson Ahi, Deputy Minister of Trade, Agribusiness and Industry, disclosed this at a stakeholder validation workshop on the draft Textiles and Garments Manufacturing Policy in Accra.

He said the policy would provide a coherent and competitive framework to attract investment, enhance productivity, and position Ghana as a sourcing hub for ethical and sustainable apparel manufacturing.

“The draft policy proposes bold interventions ranging from the establishment of five world-class industrial parks to the creation of dedicated funds for cotton development and textile upgradation, to the provision of fiscal incentives and concessional tariffs for manufacturers,” he stated.

Mr. Ahi described the sector as both a cultural emblem and a strategic anchor of the government’s Industrialisation Agenda, with potential to generate employment, especially for women and youth, while boosting export diversification and sustainable development.

“Our garment export sub-sector, although growing steadily, is yet to reach its full potential. At the same time, we face the dual challenges of increasing imports of finished garments and the erosion of domestic production capacity,” he added.

He urged stakeholders to help revitalise Ghana’s textile legacy and unlock the full potential of the garments sector.

Dr Abdul-Rashid Pelpuo, Minister of Employment and Labour Relations, also called on stakeholders to take ownership of the policy.

“Don’t just validate, validate with a reason. If there are things that are lacking to give it the quality of a private drive, please put it in,” he said.

 

 

GNA