LCG Business Model Advantages
Lighting Company of Ghana (LCG) is an exceptional opportunity to produce high-quality, Energy Efficient LED Lighting in Ghana, using proven technology to meet local demand with local products and create Good Jobs for Ghanaians. Several aspects of the LCG business model provide the with Unique Market Advantages:
Product Integrity
Component Kit Sourcing
Just-in-time Local Parts Inventory
Enhanced Customization
New Products & Evolving Technologies
Combined Parts Volume Discounts
(Planned) Ghana Free Zone Affiliation
Product Integrity - LCG's GhanaMade LED Products are also assembled and sold in the USA by an established $100mil+ player in North American LED lighting industry. LCG in Ghana will use the same parts & assembly process as the U.S. operation. This means LCG's GhanaMade LED Lighting products have already met or exceeded the expectations of some of the most demanding customers in the world.
Component Kit Sourcing - Fixture enclosure components are imported from the USA in the exact proportions needed to manufacture specific products, eliminating waste & unnecessary parts inventory, while ensuring that the right parts are on-hand when needed. Tubes lamps and lighting elements are imported from either the USA or China.
Just-in-Time Local Parts Inventory - U.S. partner maintains parts inventory locally in Ghana, allowing LCG to purchase only the parts needed for upcoming assembly operations and eliminating the need to finance goods in transit from overseas.
Enhanced Customization - In addition to standard options, any of LCG's nearly 40 initial locally manufactured LED Lighting products can be customized to meet specific customer need.
New Products & Evolving Technologies - As our U.S. manufacturing partner introduces new products and technologies in North America, these innovations become available for LCG to offer in the Ghana market.
Combined Parts Volume Discounts - Combined volume of certain parts used by both LCG and U.S. manufacturing partner may lower LCG's unit cost for those parts.
Launching as a Ghana Free Zone company eliminates:
- customs duties & fees on imported parts
- taxes on profits for 10 years
- withholding taxes on profits for 10 years
- restrictions on repatriation of dividends and operating in US dollars
Product Integrity
Component Kit Sourcing
Just-in-time Local Parts Inventory
Enhanced Customization
New Products & Evolving Technologies
Combined Parts Volume Discounts
(Planned) Ghana Free Zone Affiliation
Product Integrity - LCG's GhanaMade LED Products are also assembled and sold in the USA by an established $100mil+ player in North American LED lighting industry. LCG in Ghana will use the same parts & assembly process as the U.S. operation. This means LCG's GhanaMade LED Lighting products have already met or exceeded the expectations of some of the most demanding customers in the world.
Component Kit Sourcing - Fixture enclosure components are imported from the USA in the exact proportions needed to manufacture specific products, eliminating waste & unnecessary parts inventory, while ensuring that the right parts are on-hand when needed. Tubes lamps and lighting elements are imported from either the USA or China.
Just-in-Time Local Parts Inventory - U.S. partner maintains parts inventory locally in Ghana, allowing LCG to purchase only the parts needed for upcoming assembly operations and eliminating the need to finance goods in transit from overseas.
Enhanced Customization - In addition to standard options, any of LCG's nearly 40 initial locally manufactured LED Lighting products can be customized to meet specific customer need.
New Products & Evolving Technologies - As our U.S. manufacturing partner introduces new products and technologies in North America, these innovations become available for LCG to offer in the Ghana market.
Combined Parts Volume Discounts - Combined volume of certain parts used by both LCG and U.S. manufacturing partner may lower LCG's unit cost for those parts.
Launching as a Ghana Free Zone company eliminates:
- customs duties & fees on imported parts
- taxes on profits for 10 years
- withholding taxes on profits for 10 years
- restrictions on repatriation of dividends and operating in US dollars
