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HomeBusiness & FinanceAkufo-Addo claims over 170,000 jobs created under 1D1F

Akufo-Addo claims over 170,000 jobs created under 1D1F

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President Akufo-Addo has announced that the government’s ‘One District, One Factory’ (1D1F) Programme has created around 170,000 jobs.

This initiative has led to the development of 321 1D1F projects, including 211 new medium to large-scale factories and support for 110 existing companies to expand production.

Between 2019 and 2020, the government approved various incentives and duty exemptions to selected companies to support the implementation of the 1D1F Programme.

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However, the President highlighted that no exemptions have been granted from 2021 to date, urging Parliament to consider and approve all outstanding exemption applications promptly.

President Akufo-Addo emphasized that the 1D1F programme is crucial for the country’s industrial transformation.

He mentioned that the government’s intervention has encouraged private sector business promoters to invest significantly in manufacturing under the One-District-One-Factory Programme.

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With investments in 142 districts across all 16 regions of Ghana, the 1D1F initiative aims to achieve a 54% district coverage. The President expressed the aspiration to bring a 1D1F project to every district in the country.

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Dickson Ofori Siaw
Dickson Ofori Siawhttp://ighanaian.com/journalist/dickson
Dickson Ofori Siaw is an experienced Ghanaian journalist who has worked with credible news outlets, including Ghanafuo.com where he serves as the Head of Content and Editor-at-Large. He also serves as the Editor at iGhanaian.com
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