GHANA: First PSI Mauritius JV Factory Opens In Accra
The first factory under the recently announced President's Special Initiative (PSI) on textiles and garments was unveiled in Accra on Friday.
The $1.2-million T-shirt, trousers, fabric and garment factory is also the first Ghana-Mauritius partnership company established to export goods to the US under the Africa Growth Opportunity Act (AGOA) Initiative.
President John Agyekum Kufuor and the head of government of the Island of Mauritius, Sir Anerood Jugnuath, jointly inaugurated the factory.
President Kufuor said that, under the World Trade Organisation (WTO), developing countries were now rising to the challenge of competing with developed countries and that such a co-operation would be beneficial to this.
Robert Paapa Cudjoe, the Ghanaian executive chairman, appealed for the establishment of a Ghana-Mauritius Chamber of Commerce to further strengthen economic co-operation between the two countries.
The factory, which started trial production in August 2003, has a workforce of approximately 200.
Under the PSI, about 5000 people nationwide have already benefited from free training in textile processes at facilities in Accra, while new training centres are soon to be established in Kumasi and Takoradi.
Help test our new apparel sourcing tool.
- No US rush to Myanmar despite end to sanctions
- Using worker surveys to drive supply chain change
- Where does VF supply chain sit in growth strategy?
- Investment continues in Ethiopia clothing sector
- Rana Plaza four years on – Timeline of change
- Driving ban intensifies Myanmar logistics hurdles
- Amazon wins on-demand apparel manufacturing patent
- Trump bolsters "buy American" with executive order
- Inditex, Adidas and Patagonia top ethical report
- Start-ups chosen to re-think fashion industry
- Global market review of denim and jeanswear – forecasts to 2022
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Myanmar - ISA Country Report
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Clothing Market in the Top 5 American Countries to 2021 - Market Size, Development, and Forecasts