enfr

Advocacy, Business Development and Market Access

Private Enterprise Federation ICT Platform

Private Enterprise Federation ICT Platform :: Details

Search the PEF Platform

Ghana Stock Exchange Feed

Cotton and Textiles in Ghana

Rate this item
(0 votes)

Textile manufacturing in Ghana is an industry consisting of ginneries and textile mills producing batik, wax cloth, fancy printed cloth and Kente cloth. Firms have located in Ghana to serve local and regional markets with printed African patterned fabrics. The industry has shown signs of significant growth in recent years, promoting high-quality traditionally designed fabrics as "Made in Ghana" to niche markets, especially the US.
Ghanaian textile companies prefer to locate within designated industrial areas to take advantage of Ghana's free zone regime and stable operating environment.

 

Today, Ghana's textiles industry includes vertically integrated mills, horizontal weaving factories and the traditional textile manufacturing firms involved in spinning, hand-weaving and fabric-processing. Textile exports include: Cotton yarn], Cotton fabric, Printed fabric, Polyester fabric, Blankets, Bed sheets
The dry, savannah climate in the northern regions of the country is ideal for the cultivation of cotton, which is the primary material used by mills, weavers, batik, and tie-dye manufacturers in Ghana.

The industry is supported by National Vocational Training Institutes throughout the country. These institutes provide basic practical and theoretical training in tailoring and dressmaking. There are also a growing number of private fashion design institutes and internationally acclaimed designers that teach latest techniques to aspiring textile designers.
The government has initiated various policies aimed at restructuring and improving the textiles industry. The objectives include Increase of employment opportunities for the growing population, Expansion and diversification of the economy, Promotion of both domestic and foreign investment.

Investment opportunities are seen in the production aspect of this sector. Textile companies to set up factories in Ghana to produce for the US market. When this is done our export rate will surely rise. 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. Therefore, investors are also encouraged to invest in the local textiles industries so as to enable the government to enlarge the coast of this great industry.

 

Besides that, there are investment opportunities at the provision of Raw Materials Fabric suppliers to supply raw material requirements for Ghanaian textile manufacturers. Technological and Supporting Services Suppliers of textile manufacturing equipment to supply the Ghanaian market on a sustainable basis.

 

REFERENCE: Ghana Investment Promotion Center.

Read 2714 times
Login to post comments
PEF Members. All logos and registered trademarks are copyright of their respective owners