The Acting Chief Executive of the Ghana Export - Import Bank (GEXIM), Hon. Sylvester Mensah, has affirmed the Bank's support for players in the garden, textile and apparel industry in line with the government's agenda to generate growth in job opportunities through the twenty - four (24) hour economy policy.
Hon. Sylvester Mensah made this commitment when he accompanied the
Minister of Trade, Agribusiness & Industry, Hon. Elizabeth Ofosu Adjare
on a working visit to the manufacturing units of Dignity DTRT Limited
and Tex Styles Ghana Ltd, manufacturers of Vlisco, GTP, and Woodin in
Accra and Tema on Tuesday 10th February 2025.
_In line with the President's assurance to encourage exports and
generate employment, we consider the garment sub-sector as an area that
can generate very quick jobs and foreign exchange to reduce the burden
on the cedi. We are here today with the Honorable Minister to
familiarize with the operations of these companies, explore ways of
addressing their challenges and provide the needed assistance to help
them scale up and create the needed jobs for Ghanaians''_, he
emphasized.
Hon. Elizabeth Ofosu Adjare indicated government's desire to
collaborate with the private sector to industrialize the country and
create jobs in addition to creating an ideal business environment for
industries to thrive and increase exports. "_We are willing to assist
the garment sector as much as we can to enable them to create the needed
jobs and to export. We commend your efforts and we are going to support
you to replicate this business model in other regions to create more
jobs_", she added.
Mr. Kodwo Agyenim-Boateng, the Managing Director of Tex Styles and Mr.
Skip Richmond, the Founder and Co-CEO, DTRT Group, thanked the Minister
and Acting Chief Executive of GEXIM for the working visit and suggested
a closer collaboration with the Ministry and GEXIM to help in addressing
challenges facing the garment, textile and apparel industry.
Prior to the working visit, Hon. Elizabeth Ofosu Adjare and Management
of GEXIM on Monday 10th February 2025 held meetings with selected
industry players, including Volta Star Textiles Ltd (VSTL), Akosombo
Industrial Company Limited (AICL), Tex Styles Ghana Ltd (TSGL) and
Dignity DTRT Limited at the Ministry in Accra. The meetings were to
discuss ways of strategically positioning the garment sub-sector for job
creation.