The National Coordinator for the One-District-One-Factory (1D1F) policy initiative, Gifty Ohene Konadu, has stated that the government is still working towards the realisation of the policy.
She explained that the initiative which has taken off in some parts of the country will be fully ready by 2020, especially in areas that have raw materials available.
Speaking on Asempa FM’s Ekosii Sen Wednesday, she explained that the initiative will ensure the factories will be sited in the districts, based on the produce available so that the raw materials can easily be accessed from the districts.
She further stated that even though the initiative is a Public-Private Partnership (PPP), it will be solely managed by the private companies with diverse support from the government as a means to help promote the private industries in the country.
“The government is working on tax exemptions on imported raw materials, tax holidays, and low-interest rates on loans that will be taken from banks by investors to support the initiative”.
Madam Ohene Konadu added that the initiative will help to boost production for exports and also create jobs for Ghanaians.
“The initiative is a one-for-all agenda and therefore welcomes all companies and investors who will like to be a part of it,” she explained.