Chairman of the Board of Directors of Defense Industries Holding Company Limited (DIHOC), Footwear Division, Dr. Karl Laryea has called on the government to revive the “Achimota school sandals” policy which was launched in 2014 as part of efforts aimed at empowering the Kumasi shoe factory. provide sandals to all schools.
This, he said, would allow the company to produce affordable school sandals for children, especially in disadvantaged schools, adding that “the company is able to triple its production and workforce works to stimulate the local economy”.
“With about 100,000 state security personnel in the country, the demand for more products, the number of employees will increase from 200 to 800 within five years,” he said.
Dr Laryea said so yesterday in Accra when briefing the media on the company’s activities.
Founded in 1960, the shoe factory produced rubber shoes and sheets under an agreement signed by Ghana’s first president, Dr. Kwame Nkrumah, and Czechoslovakia in 1961.
Furthermore, he called on the government to grant tax exemption on imported raw materials for a period of five years from 2023 to 2028.
This, he said, would lower the cost of production and lower the selling price of the boots to security services, and allow the company to easily produce affordable footwear.
Dr Laryea, who is also the Managing Director of Knights Ghana Limited, said the company is now able to produce all categories of footwear designed to cater to the exact preferences and tastes of the general public.
“Over the years, investments have been made in acquiring modern equipment that can be used to produce the same categories of footwear designed by famous designer brands around the world,”
“DIHOC Footwear Division Limited can now produce footwear for corporate events that can be worn at weddings, executive meetings and any other occasion,” Dr. Laryea said.
He said the company is producing large quantities of its new classic shoes to cover the West African sub-region, especially now that the African Continental Free Trade Area (ACFTA) is up and running and has its headquarters. in Ghana.
According to him, efforts were being put in place to penetrate the local market and therefore appealed to Ghanaians to reduce their dependence on foreign products and to favor shoes made in Ghana by the company.
He said the shoe factory has started mass production of fashionable shoes as part of its efforts to reduce local demand and overreliance on foreign brands in the Ghanaian market.
The shoe factory, which over the years produced boats and safety and security shoes for uniformed security agencies, had now expanded its production to cover the specifications, design and taste of the general public, in especially the fashion industry.
The Kumasi shoe factory is a joint venture between a Czech Republic-based company, Knights as, acting through its subsidiary, Knight Ghana Limited, and DIHOC, owned by the Ghana Armed Forces (GAF).