Spinning in Ghana The Dutch Good Growth Fund DGGF
In the cotton areas in Northern Ghana, near the city of Tamale, we are currently building a yarn spinning mill. The project covers a terrain of 100.000 m2 and the mill itself will be around 10.000 m2. Thousands of cotton farmers will benefit because their cotton will ‘feed’ the mill. The farmers will joint he BCI (Better Cotton Initiative) training programme, which results in efficient and sustainable cultivation of cotton. For their cotton they will get a flat-rate guaranteed offer, which benefits their income stability and security.
Here a meeting between the former Dutch minister of foreign trade and development cooperation mrs.Lilianne Ploumen and mr. Gerard Timmermans CEO of the Linda Lu textile groep in the Netherlands.
The project benefits from the Dutch Good Growth Fund. What this fund does can be seen in the clip below.
35% of the project has been funded by the Dutch government. 45% by the Dutch stakeholder G.M.M. Timmermans Trading & Consultancy. 5% by the Ghanian shareholder Intercontinental Farm Limited .and 15% by the government of Ghana in the frame of the 1D1F programm.
The mill is being built by 50 craftsman from the surrounding villages under supervision of Consar Construction Company from Tamale.
From September , October 2019 , the work in the mill will be done in 3 shifts with a total workforce of 325 employees..