Already existing factories which are seeking to expand their operations to employ more Ghanaians can benefit from the government’s One District-One Factory (1D1F) programme, Minister of Trade and Industries, Alan Kyerematen, has said.
The 1D1F project is an initiative by the Akufo-Addo-led government to create jobs for the teeming unemployed Ghanaian youth.
Speaking on the floor of parliament on Wednesday, 7 November, Mr. Kyerematen said:
“Both new and existing factories that seek to expand their operations qualify to be part of the 1D1F project, so, if there is an existing factory that qualifies to be on 1D1F project, then the situation is determined where they are already located.”
“The government has also approved a package of incentives for the IDIF companies."
"The enterprises being built under the initiative are owned and managed by private investors and entrepreneurs and, therefore, they determine the location of these projects”, according to Mr. Kyerematen.
“In selected cases, the government could act as an equity partner and will, therefore, have a role in determining the location of the project, otherwise the location is primarily the responsibility of the business promoter”, he said.
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@KING THE DON: The 8 years NDC rule after Kufuor was a national disaster. You guys left all government investments to rot and you turn round to blame somebody for reptiles and rodents invasion? The NDC as a political party can never be serious. Unlike you Nana has tried to complete some of the projects you inflated their costs, looted the money and abandoned, and here too you claim he is taking your glory; as if you ever had any any glory!
The 1D1F includes distressed companies in the country. In fact if you read the article on it, it is clearly stated. You can go to the Min. of Trade & Industry website and read under the 1D1F.
Please my man dont try to play mr smart. we heard you well when you were campaigning. Jux stick to ur words. Let me remind you smthg. You have inaugurated under Kuffor Tenure at Free Zone. What have become that project? Reptiles and Rodents. You are suffering with maintenance culture and you want to add more.
Npp is the biggest diabolical party to ever exist, they are just full of lies headed by a president that lied to power, but now changing thier tunes
OBO man are those factories working? in fact it is difficult dealing with present day Ghanaians because the st*upidity and ign*orance are too much ! Osagyefo would have had it tough building the country if he had met these people in those days! the talking with little ideas are too much, anybody at all wants to be heard,nkwas*ea akeka nkoaa ! do you want him to leave those factories built by Osagyefo that P/ndc destroyed and what crime have they committed if they want to rejuvenate and add them to the 1D1F for the Ghanaian youth to get jobs to do? I now understand why Osagyefo was termed as a dictator because he wouldn't allow anyone to open his/her mouth to disrupt what he was doing,it was either you sh*UT up or end up in detention! ndc is not good for Ghana and I don't think the spirits of our forebears will allow them to come back! real nation wreckers ! hate, jealousy, enviness and evil have filled their hearts.
If so then the 1D1F already existed before the coming of Nana Addo to power. Districts already has factories