The British High Commission has begun a move to revamp the Volta Star Textiles Limited in the North Tongu District of the Volta Region.
The initiative which falls under the Britain government’s Job and Economic Transformation Programme seeks to identify investors to aid in retooling the textile factory and produce to meet market demands.
The British High Commissioner, H.E Harriet Thompson, led by the North Tongu Member of Parliament, Samuel Okudzeto Ablakwa toured the facility to ascertain first-hand information.
The Volta Star Textiles Company established in the 1960s used to employ about 3000 workers. It was designed to produce about 20 million yards of yarn annually.
However, the facility currently only produces 6 million yards annually due to obsolete machinery at the facility, among other factors.
Speaking at a mini durbar, the Mankralo of the Dorfor Traditional Area, Togbe Manklalo Agbohla VI, lamented the state of the factory which used to be the nerve centre of the local economy.
He detailed that the factory supported livelihoods of most residents in about 5 districts in the Volta and Eastern Regions.
The British High Commissioner, Harriet Thompson after a feasibility study to ascertain the state of the factory, promised to liaise and get investors to revamp it.
She said that the British government is supporting various sectors of the Ghanaian economy including garment and textiles under its Job and Economic Transformation Programme.
The Programme hopes to create an enabling environment and identify investors to drive the growth of the various industries in order to create jobs and wealth in Ghana.
The North Tongu Member of Parliament, Mr. Okudzeto Ablakwa, believes the initiative to retool the factory will fit into the agenda of the African Continental Free Trade Area.
This he said would make available jobs for the youth and promote trade within the continent. He assured of his support towards revamping the Volta Star Textile Company.
The British High Commissioner, Harriet Thompson, was honoured and given the title Mama Dunenyo I of the Dorfor Traditional Area.
Latest Stories
-
Election 2024: Be fair and transparent – Togbe Afede to EC
2 mins -
AFCON 2025Q: Poor home form cost us – Otto Addo
10 mins -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
10 mins -
GPL 2024/2025: Accra Lions remain bottom after draw against Kpando
23 mins -
NDC condemns Dela Edem’s ‘unsavoury and distasteful’ about kufuor; issues public apology
33 mins -
‘Let them burn the sea; don’t return if Parliament is recalled’ – Asiedu Nketiah to NDC MPs
49 mins -
Bawumia’s commitment to excellence will ensure Ghana fulfills its potentials – Prof. Etse Sikanku
55 mins -
Ensign Global College marks 10th anniversary with 9th congregation
1 hour -
Over 80 educational projects to be commissioned this week
4 hours -
Kuami Eugene shows leadership; mobilises fellow artistes for peace song
6 hours -
The JOY Prime Made in Ghana Fair: Why not miss it!
6 hours -
GPL 2024/25: Struggling Asante Kotoko aim to bounce back against high-flying Nations FC
7 hours -
GES Deputy D-G admonishes students to uphold integrity and teamwork
7 hours -
Election 2024: Osabarima Dr Owusu Beyeeman advocates for peace
7 hours -
Fashion at Joy Prime Made in Ghana Fair
10 hours