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Turkish textile-garment firms to invest in Ghana

The Turkey-Africa Economic and Business Forum held from October 10-11 had the theme ‘Invest in a Sustainable Future Together: Turkey and Africa’. The forum included a series of sideline meetings between a Ghanaian delegation and Turkish investors.

In the forum, a few Turkish textile-garment manufacturing companies expressed their desire to expand their presence in Ghana. A deal for a Turkish company to establish a ‘One-District-One Factory’ project in the Shai Hills area was also finalised. According to reports, the Ghanaian trade and industry ministry, under its industrial transformation plan, selected garment and textiles as one of the strategic sectors to generate employment and foreign exchange.