KT Hammond, the Minister of Trade and Industry, has revealed that 126 projects are currently operating under the government’s One-District-One-Factory policy.
He also disclosed that about 300 established companies are currently in various stages of completion and actively participating in the supply chain.
The Minister disclosed this while speaking at the Ghana Industrial Summit and Exhibition 2023, on September 18.
The event was organised by the Association of Ghana Industries.
“Over 60% of the companies under the One-District-One Factory initiative operating under my ministry, are developing all, implementing similar programmes, which account for the bulk of their employment creation impact. As a result of this massive push for investment, and industrialisation, so far, about 300 1D1F projects are at various stages of implementation and over 160,000 direct and indirect jobs have been created.
The total number of 1D1F projects in operation is now 126, we have about 300 established at various stages of operation and completion, which are actively producing and taking part in the supply chain under discussion today, we will say is 126, not doing badly at all”.
“Out of about 143 1D1F projects in various stages of construction and plant acquisition, 58 are fully owned by the youth groups who have been mobilised to establish agro-based processing factories in the 58 respective districts. They are involved amongst other rice, maize, ginger, bamboo, cassava, mushroom processing chain,” he added.
By: Rainbowradioonline.com/Ghana
