President Akufo-Addo has disclosed that 106 factories are currently operational under government’s flagship One District, One Factory (1D1F).
Speaking on the floor of parliament on Wednesday, March 29, said that through the initiative, the made-in-Ghana label is being stamped on a wide range of products proudly manufactured in Ghana.
The president added that 148 factories are also under construction while 24 other projects are at a globalization stage.
According to him, at the beginning of the pandemic in 2020, the flagship 1D1F initiative was implemented with business promoters being empowered and supported to either establish new factories or to transform existing manufacturing enterprises to contribute significantly to job creation across the country.
While delivering the 2022 State of the Nation Address President Akufo-Addo stated that “out of a total of 278 1D1F projects at various stages of implementation in all the 16 regions, 106 factories are currently operational, 148 are under construction while 24 projects are at globalization stage.”
He indicated that in order to bring the youth on board the 1D1F Programme, 58 out of the 278 1D1F Projects have been developed as enterprises fully owned by youth groups (numbering between 40 to 50), with direct Government support.
President Akufo-Addo also said 5 medium scale state-of-the-art agro-processing Common-User Facilities (CUFs) have been established in 5 Districts, which are Dormaa West, Savelugu, Sefwi Akontonbra, Sekyere Central and Tarkwa Nsuaem.
The facilities, he noted, are receiving direct support from government and are owned by various groups of farmers, whose farming operations had previously been undermined through lack of processing facilities.
“Mr. Speaker, quite a number of global vehicle manufacturing companies have set up assembly plants here in our country, and started producing vehicles for our market and for the West African market. The well-defined Ghana Automotive Development Policy we outdoored in August 2019 has facilitated this welcome development”, he added.