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American jewelry company expresses interest in gov’t 1D1F

CDH Global, LLC an American Jewelry company has expressed interest to set up a jewel manufacturing and training center in the Sunyani West Municipality, under the government’s flagship One-District-One Factory programme.

Mr Sanford J. Haynes, the Chief Executive Officer of CDH, said his company was working with its local partners, DDL Jewellery Designs and Training Institute, an Accra-based fashion design and training company for the establishment of the factory at Dumasua.

Interacting with Madam Justina Owusu-Banahene, the Bono Regional Minister during a courtesy call at her office in Sunyani, Mr Haynes said his outfit expected to start operation of the factory by September this year.

The training center would offer employable skill training to the youth and provide them with direct and indirect jobs.

He noted that despite her numerous resources on the continent, many African countries lacked the required capacity to add value to these resources to create wealth for poverty reduction.

“We believe in Ghana and we are going to support the country to change the narratives of Africa”, Mr Haynes said.

He indicated Ghana had enormous investment prospects and talents that remained untapped, and expressed the hope the factory would be a reality to open the area and create jobs for the people as well.

On her part, Mad Owusu-Banahene said the region was opened up for investment, however added the background of investors and their track record would always be checked too.

She said the region would not accept investments that would destroy the environment, particularly, those that cause damage to water bodies and forest resources.

Mad Owusu-Banahene said issues relating to land acquisition in the local communities remained uncertain, and asked the company to be extra careful in the acquisition of land for the proposed project.

She directed the investors to engage authorities of the Sunyani West Municipal Assembly and contact the 1D1F desk set up at the Assembly.

Mr Joseph Arthur, the CEO of DDL, who led the investors said he had worked in the United States jewelry industry close to 30 years, saying the industry had the potential to fetch and widen the nation’s foreign income earnings.

On completion, he said the center skill training center would have the capacity to train more than 2,500 youth every year and pave the way for students to go for exchange programmes in the States, adding they had already procured about 10 acre land for the project.

Skynewsroom

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