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Home General News Featured

Govt starts 10 factories in June

Attah Dabone by Attah Dabone
April 21, 2017
in Featured, Voice Business
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Govt starts 10 factories in June
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The government of Ghana has revealed that its One-District-One-Factory policy will commence with the commissioning of 10 factories mid-year.

“10 factories will be ready for commissioning as part of the project over the next couple of months. We have scheduled June for these exercises. By all indications, the President will commission them as part of our official launch of the programme,” Coordinator of the One-District-One-Factory Secretariat, Gifty Ohene Konadu, said at a press briefing.

She revealed that “the interest has so far generated investment pledges and commitments to the tune of $3 billion” which are pledges made from local and foreign investors.

“We have also started receiving inquiries about our work. On the average, we have about 30 inquiries a week on what we have to offer as to what roles entities and individuals can play in order to benefit from it,” she added.

President Nana Addo Dankwa Akufo-Addo had stated that the first batch of 51 districts for the implementation of the One-District-One-Factory policy has been identified.

He said the ‘Asempa Budget’, as approved by Parliament, had earmarked $465 million for the setting up of the 51 factories.

This he made known during separate courtesy calls on the Omanhene of the Sunyani Traditional Area, Nana Bosome Asor Nkrawiri II, and the Omanhene of the Dormaa Traditional Area, Osagyefo Oseadeeyo Agyemang Badu II, at their respective palaces on the final day of his two-day tour of the Brong Ahafo Region.

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The One-District-One-Factory programme is expected to create at least 5000 jobs across the country.

Source: Ghana/AccraFM.com

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