Tag: 1d1f

  • SONA21: Open your eyes, you’ll see my 1D1F projects – Akufo-Addo tells Minority

    SONA21: Open your eyes, you’ll see my 1D1F projects – Akufo-Addo tells Minority

    President Nana Addo Dankwa Akufo-Addo has tasked members of the opposition to pay close attention to the achievements of his government.

    This he explains will enable the NDC to appreciate evidence of his government’s industrialisation drive policy, the One District One Factory policy.

    The president Speaking in Parliament today in his first State of the Nation Address of his second term reiterated his government’s commitment to industrialisation by stating some progress made under the 1D1F policy.

    The President among other things outlined that due to the policy, 232 projects including 76 completed and functional factories are being delivered.

    “We are determined to make our own things and the Akufo-Addo administration will continue the agenda of rapid industrialisation with the aim of transforming the structure of the Ghanaian economy from one dependent on the production of raw materials to a value-added industrialised economy.

    “Under the One District One Factory Policy, 232 projects are at various stages of completion. This includes 76 operating 1D1F companies whiles 112, including five medium-sized agro-processing factories and 63 common user facilities are under construction,” the President stated.

    The president’s claims, however, courted doubtful shouts from the members of the Minority in Parliament for which the president retorted “open your eyes, you’ll see them.”

    Ghanaweb

  • 1D1F doing very well – Bawumia

    1D1F doing very well – Bawumia

    The Vice President of Ghana, Dr Mahamudu Bawumia has stated that the I District I Factory (ID1F) policy is really doing well as far as the NPP government is concerned.

    According to him, under the 1D1F policy, 76 factories are operational.

    He explained that out of the 76, 28 factories are new whilst 48 of them are existing companies which have been financially supported by the government.

    SEE ALSO: John Dumelo To Donate 4,000 Laptops To Students In Ayawaso West

    Reacting to comments by some Ghanaians that the government has failed in building new factories but rather depending on already existing factories, he said some of the factories could have collapsed if the government did not intervene, saying supporting those factories saved jobs

    Dr Bawumia, speaking on Accra based Peace FM said , “If a business was a the verge of collapsing and you support it, it means that you have helped the situation,” he said.

    Meanwhile, Dr Bawumia said government will keep supporting existing factories and as well build new factories to create employment opportunities for the youth.

    Meanwhile, he was sure that the NPP government will retain power to continue these projects.

    Ghanaweb- Dikoder.com