Garments, Textiles Industry Meet

Yofi Grant, CEO of GIPC

THE GHANA Investment Promotion Centre (GIPC) is targeting to rake in valuable foreign direct investment through an ongoing virtual Garments and Textiles Investment Meeting which started yesterday and billed to end today.

According to the GIPC, the meeting, themed “The future of garments and textiles in Ghana’s industrialisation drive”, will create a platform for the GIPC and key stakeholders in the garments and textiles industry, namely the Association of Ghana Apparel Manufacturers (AGAM) and the Cotton Development Authority to discuss a plethora of issues akin to the industry.

Key among the issues being discussed are industry insights and policies, finding practical solutions to challenges peculiar to the Ghanaian textile and garment industry as well as exploring the essence of the African Continental Free Trade Area agreement to the industry.

From an investment perspective, the centre will lead discussions on how to leverage the enormous potential of the local garments and textiles industry to lure in needed investment and financial support.

Speaking on the event, the Chief Executive Officer of the GIPC, Yofi Grant, said Ghana’s garments and textiles industry was an age-old one with budding potential for revenue generation and job creation and therefore it was about time significant funding was directed to the industry.