Ghana’s President Nana Addo Dankwa Akufo-Addo says systematically, his government has rolled out seventy-nine (79) projects under One-District-One-Factory, (1D1F), policy with another 35 going through credit appraisal by officials of the Ministry of Trade and Industry and with the support of financial institutions.
“Systematically, we are also rolling out our One-District-One-Factory, (1D1F),policy of industrialisation. Thus far, seventy-nine (79) projects have been implemented under 1D1F, with another 35 going through credit appraisal by officials of the Ministry of Trade and Industry and the financial institutions that are supporting the programme.”
Under the Stimulus Package, President Akufo-Addo indicated that two hundred and thirty-seven million dollars ($237 million) has been disbursed to 16 companies, with an additional thirty-five (35) being considered for support.
“The process of industrialization will be accelerated in the course of 2019,” the President assured.
He also stated that it is not every day that Volkswagen, Nissan and Sino-Truck offer to build assembly plants in a country round about the same time.
He said this on Wednesday, December 19, 2018, when he interacted with members of the media at an end of year press conference, at Jubilee House, in Accra.
The encounter with the media is the third with President Akufo-Addo since he resumed office, as he marks the mid of his first tenure.
President Akufo-Addo touched on key issues and prospects of the economy.