Exim Bank to commence a 200-acre textile factory project for Weta, targeting 3,000 jobs – Mahama

President John Dramani Mahama has announced plans to establish a 200-acre textile and garment manufacturing industrial complex in Weta, Volta Region, through Ghana Export-Import Bank (Ghana EXIM Bank). The project, which acquired the land for the initiative, aims to generate employment opportunities for thousands of residents. At the grand durbar of the 2026 Hogbetsotso Festival in Anloga, Mahama commissioned the Ghana EXIM Bank to commence work on the industrial enclave.

He expects the project to create approximately 3,000 jobs initially, with the number growing to 10,000 once fully functional. The Weta industrial area is anticipated to bolster the Volta Region's industrial base, specifically in textile and garment production. This announcement follows another major investment in the Northern Region, where Mahama commissioned the Northshore Apparel Ghana Limited factory in Savelugu in August 2026.

The facility, a partnership between Ghana EXIM Bank, Germany's KfW Development Bank, and the Agricultural Development Bank, is already employing over 2,300 individuals, with the workforce projected to reach 10,000 once fully operational. Mahama described the Savelugu facility as a significant step towards reviving Northern Ghana's industrial prominence and advancing the government's 24-hour economy agenda.

The Weta project, also backed by Ghana EXIM Bank, demonstrates the government's commitment to expanding garment and textile manufacturing investments across the nation.