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The government has announced a US$1 billion investment to transform Ghana’s textile and garment industry into a globally competitive manufacturing and export sector.

Presenting the 2027 Budget Statement to Parliament on Thursday, 12 November 2026, Finance Minister Dr Cassiel Ato Forson said the investment would connect Ghanaian creativity and craftsmanship to industrial growth, international markets, and employment opportunities.

He said the initiative would be implemented under the 24-Hour Economy and Accelerated Export Development Programme to boost local production, expand exports, and create jobs.

“Our ambition is clear: fabrics made in Ghana; garments sewn in Ghana; and Ghanaian brands sold across the world,” he said.

The investment will support the modernisation of textile mills, the expansion of garment factories, and the establishment of dedicated textile and garment industry enclaves.

The government also plans to provide serviced land, reliable electricity, industrial water, laboratories, warehouses, and factory facilities to help manufacturers reduce production costs and handle large orders.

Dr Forson stressed the need to support local fashion entrepreneurs.

“Our fashion designers, tailors and dressmakers must have room to grow,” he said.

He added that the government would connect them to modern equipment, technical support, and commercial partnerships to enable them to compete in regional and international markets.

“From the factory floor to the fashion runway, this investment will create opportunities for our people,” he said.

As part of efforts to strengthen demand for locally manufactured products, the government will also amend public procurement laws to require public institutions to purchase uniforms, hospital textiles, bedding, and protective wear exclusively from Ghanaian textile and garment manufacturers.

The government is targeting a commercially competitive textile and garment industry by 2030, with the capacity to supply international markets and build global recognition for Ghanaian fashion brands.