Revive distressed state enterprises to create jobs — ICU to govt

The enterprises identified were Aluworks Limited, whose operations have remained dormant since June 2022; Neoplan Ghana Limited, whose manufacturing plant remains idle despite continued bus imports; Akosombo Industrial Company Limited, which has declined amid increasing imports of foreign textile prints; and Volta Star Textiles Limited, which the union said should be revived to strengthen local industrial production and reduce dependence on imported raw materials.

The ICU said recapitalising the enterprises would restore industrial production, create sustainable employment, reduce import dependence, conserve foreign exchange and strengthen the national economy.

The Industrial and Commercial Workers' Union (ICU), Ghana has appealed to the government to recapitalise and revive distressed state-owned enterprises to create sustainable jobs for thousands of unemployed youth and drive the country's industrial transformation.