TRALAC - Trade Law Centre

Ghana: Is the Cotton Industry Dying?

Friday, 20 August 2004

Source: New Vision (Kampala)

The Government is using Tri-Star Apparel industry as a pilot project from which other similar factories will be set up in different parts of the country to feed the American and other international markets.

The senior Presidential Advisor on AGOA and Trade, Dr. Onegi Obel told journalists yesterday that the Government is planning to set up at least 10 such factories after the US extended AGOA to 2015.

"The Tri-Star plant in Bugolobi is a pilot plant because we are trying to see if we can replicate it with 10 or 15 similar factories," Obel said.

Obel said Tri-Star was making losses but the losses were not increasing.

He said it was unrealistic to expect Tri-Star Apparel to make profits within its initial year of operation because that never happens even in the developed countries.

Obel said when Tri-Star starts using Ugandan made yarn and fabric, the factory's losses will stop.

He said the Government's involvement in productive ventures is not entirely bad as the country had been misled to believe.



“AGOA Latest AGOA Trade Data on AGOA.info


Click here to view a sector profile of Uganda’s bilateral trade with the United States, disaggregated by total exports and imports, AGOA exports and GSP exports.


Other regularly updated trade statistics on AGOA.info include:

  • AGOA-beneficiary Countries’ AGOA and GSP Trade Aggregates

  • AGOA Trade by Industry Sector

  • Apparel Trade under AGOA’s Wearing Apparel Provisions

  • Latest Apparel Quotas under AGOA

  • Bilateral Trade Data for all AGOA-eligible countries individually.