Ghana targets $1.2bn investment and 150,000 jobs under new textile policy
Ghana is targeting about $1.2 billion in investment and 150,000 direct and indirect jobs over the next decade under a new textile and garment policy approved by Cabinet. The policy, which is expected to be formally launched by the Ministry of Trade, Agribusiness and Industry, also seeks to expand the country's textile and garment industry from an estimated $400 million to about $2 billion. It…
Ghana aims to attract $1.2 billion in investments and generate 150,000 jobs over the next decade through a new textile and garment policy approved by the Cabinet. The policy seeks to grow the country's textile and garment sector from $400 million to $2 billion and revive domestic cotton production across 50,000 hectares. Director of Research at the Trade Ministry, George Amoah, highlighted the industry's potential to create decent jobs and address unemployment, noting that the global garment sector employs 94 million people, mostly women.
However, Amoah emphasized that achieving the sector's growth goals requires a skilled workforce, efficient production systems, strong management, compliance with standards, and supportive workplaces. The ILO's Programmes Manager, Bismark Ghartey, reported on the first phase of the Productivity Ecosystem for Decent Work programme, which established Ghana's first productivity statistics and supported the shea sector's first collective bargaining agreement.
ILO Global Programmes Manager Stephan Ulrich stated that the second phase would focus on coordinating productivity improvements at policy, labor, and enterprise levels, with a focus on helping workers transition into more decent employment opportunities.
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