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Trade Ministry to prioritise Strategic Anchor Industries Initiatives next year


Trade Ministry to prioritise Strategic Anchor Industries Initiatives next year

November 27, 2019 at 10:54 AM

The Ministry of Trade and Industry will next year advance the transformation of Ghana to an industrial status by giving greater impetus to the implementation of its Strategic Anchor Industries Initiatives (SAIIs).

Mr Alan Kwadwo Kyerematen, the sector Minister, stated this when he led a high-level delegation of some of the leading global Textile and Garment companies, who visited Ghana last week, on a tour to some selected industries.

The delegation included Senior Representatives of three of the largest Apparel Brands: Vanity Fair, PVH and H&M.  The combined annual revenue of these companies was reported to be worth more than $30 billion in 2018.

The visit was to explore the sourcing of opportunities and to consider establishing a vertically integrated textile and garment industry in Ghana on a long-term basis.

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