News:
December 17, 2021
Minister for Trade and Industry Alan Kojo Kyerematen has told Parliament the One District One Factory (1DIF) programme is a demand driven initiative facilitated by Government to assist the private sector to establish at least one manufacturing enterprise in each of the 260 Districts of the country.
According to him to date, no private sector Promoter has confirmed their interest in establishing a 1DIF project in the Offinso Municipality.
However, Government Policy is to support such districts with seed capital to establish their 1D1F project.
“Mr. Speaker, provision has been made in the 2022 Budget to support 16 districts currently without a IDIF project to benefit from direct intervention by Government to establish a 1DIF enterprise”.
In this regard, pending approval of the 2022 budget estimates, the Ministry would consider providing seed funding to establish a IDIF project in the Offinso Municipality, with the view to off-loading Government’s interest to a private sector operator in future, he added.
This came to light when Member of Parliament (MP) for Offinso South, Dr. Isaac Opoku wanted to know if the Ministry has arrangement in place to ensure the Municipality benefits from government’s flagship programme 1d1f.
Kwaku Sakyi-Danso/Ghanamps.com