Ghana's cotton sector to get $10-mn boost
RMG Ghana Ltd will invest $10 million in thecountry’scottonindustry under a five-year project to raise cultivation of the crop from the current 4,000 metric tonnes to 50,000 metric tonnes. The investment will cover operational and marketing costs, help expansion of farm sizes, ensure timely availability of production inputs and raise income of farmers.
The initiative is part of a strategic partnership agreement between RMG Ghana, an agro input firm, and Wienco Cotton—the first a sister company and the second a subsidiary of Wienco Ghana Limited—to make Ghana one of the major cotton producers in the continent.
The white gold of Ghana must return to be the game-changer in the country’s economy, media reports in Ghana quoted group chief executive officer of RMG Ghana Daniel Ruegg as saying.
The Arailius Group of the United Kingdom also intends to invest in cotton andtextileproduction, while the China Agricultural Machinery and Engineering Corporation (CAMEC) will establish mechanisation centres in cotton producing districts to promote smallholder and commercial cotton production, according to the government.
译文如下:
加纳棉花行业将获得1000万美元的提振
加纳服装有限公司将在一项为期五年的计划下,向该国棉花产业投资1,000万美元,将棉花的种植从目前的4000公吨提高到5万公吨。这笔投资将用于支付运营和营销成本,帮助扩大农场规模,确保及时获得生产投入,提高农民收入。
这一举措是加纳服装有限公司,一家农业投入公司与威科棉花(第一家姐妹公司,第二家是威科加纳有限公司的子公司)之间战略合作协议的一部分,该协议将使加纳成为非洲大陆主要的棉花生产国之一。
加纳媒体援引加纳服装公司首席执行官Daniel Ruegg的话说,加纳的“白黄金”必须重新成为该国经济的力揽狂澜者。
政府称,英国的Arailius集团也打算投资棉花和纺织品生产,而中国农业机械工程总公司(CAMEC)将在棉花生产区建立机械化中心,以促进小农和商业棉花的生产。
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