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Another Factory under IDIF initiative unveiled in the Ashanti Region

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A new factory under the One District One Factory initiative has been inaugurated.

The factory located at Kwaso in the Ejisu Municipality of Ashanti is in fulfillment of a promise by Government, to set up at least one medium to large scale enterprise in every district of Ghana.

President Akufo-Addo who inaugurated the factory, New Premium Foods Limited, noted that its establishment is a concrete manifestation that the new paradigm of economic development of insisting on value-addition industrial activities is making headway.

He reiterated Government’s resolve to assist the private sector to become globally competitive, and, thereby, take advantage of market integration frameworks such as the African Continental Free Trade Area.

Minister of Trade, Alan Kyeremanteng said the establishment of the factory will help reduce post-harvest losses and food insecurity.

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