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ICU urges President Mahama to revitalise VALCO, PBC and distressed state-owned enterprises

By GhanaSummary Newsroom1 min read
ICU urges President Mahama to revitalise VALCO, PBC and distressed state-owned enterprises

These include Aluworks Limited, whose operations have remained largely dormant since workers were sent home in June 2022; Neoplan Ghana Limited, whose idle manufacturing plant has left skilled workers unemployed despite Ghana's continued importation of buses; Akosombo Industrial Company Limited (AICL), which the union said has declined as imported textiles dominate the local market; and Volta Star Textiles Limited, which it said should be revived to support local textile production and reduce imports.

The Industrial and Commercial Workers' Union (ICU), Ghana, has appealed to President John Dramani Mahama to recapitalise and revive distressed state-owned enterprises, arguing that doing so would create thousands of jobs for unemployed youth and accelerate the country's industrialisation agenda.

The union argued that government intervention is urgently needed to prevent further deterioration of strategic national assets while thousands of young Ghanaians remain unemployed.

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