25.2 C
Accra
Monday, July 8, 2024
NewsOne district one factory is on course 160,000 jobs have been...

Date:

One district one factory is on course 160,000 jobs have been created – Finance Minister

spot_img


Finance Minister Ken Ofori-Atta is confident that one of government’s flagship programmes, One District One Factory is on course.
He made these remarks during a presentation of the 2023 Mid-Year budget review on the floor of parliament.

He said “Mr. Speaker, in line with Government’s unwavering commitment to industrialization, the implementation of the flagship One District One Factory (1D1F) Initiative is on course.

- Advertisement -

The minister is confident of its effectiveness as it has created over 160,000 jobs.
Reports from the ministers outfit reveal that “As of June, 2023, 126 factories were operational nationwide. Over 160,000 direct and indirect jobs have been created, especially for the youth who have been mobilised to establish agro-processing factories in 58 districts.”

One District One factory is one of the flagship initiatives of the NPP government.
It aims to create more jobs and promote industrilzation in the country.

- Advertisement -

It’s a private sector-led project where the government ensures that all the necessary conditions are made ready for the private sector to set up factories to add value to raw materials in respective districts.

Source: The Independent Ghana

Latest stories

Nominees for Supreme Court not bad but, timing is – Martin Kpebu

Legal expert Martin Kpebu has criticized the timing and...

In our current crisis, I can’t promise a stadium – Mahama

Former President and current flagbearer of the National Democratic...

VRA to engage affected parties before and after Akosombo dam water spillage

The Volta River Authority (VRA) has issued a notification...

I will not scrap the Office of the Special Prosecutor – Mahama

The National Democratic Congress (NDC) flagbearer, John Dramani Mahama,...

Approach each paper with a clear mind – Akufo-Addo to BECE candidates

President Akufo-Addo has conveyed his heartfelt wishes to the...

Police in search of individuals who vandalized Ayawaso West Wuogon NPP office

The Ghana Police Service is actively searching for suspects...

VRA warns of potential spillage of water from Akosombo Dam

The Volta River Authority (VRA) has announced its plans...

Related stories

Nominees for Supreme Court not bad but, timing is – Martin Kpebu

Legal expert Martin Kpebu has criticized the timing and...

In our current crisis, I can’t promise a stadium – Mahama

Former President and current flagbearer of the National Democratic...

VRA to engage affected parties before and after Akosombo dam water spillage

The Volta River Authority (VRA) has issued a notification...

I will not scrap the Office of the Special Prosecutor – Mahama

The National Democratic Congress (NDC) flagbearer, John Dramani Mahama,...

Approach each paper with a clear mind – Akufo-Addo to BECE candidates

President Akufo-Addo has conveyed his heartfelt wishes to the...

Police in search of individuals who vandalized Ayawaso West Wuogon NPP office

The Ghana Police Service is actively searching for suspects...

VRA warns of potential spillage of water from Akosombo Dam

The Volta River Authority (VRA) has announced its plans...