The Minister of Trade and Industry, KT Hammond at the Ghana Industrial Summit and Exhibition 2023 on September 18, revealed that the government’s One-District-One-Factory (1D1F) policy has 126 operational projects at present.
He further disclosed that approximately 300 established companies are currently in various stages of development and completion, actively participating in the supply chain.
KT Hammond highlighted the substantial impact of the 1D1F initiative on job creation, emphasizing that over 160,000 direct and indirect jobs have been generated as a result of this significant push for investment and industrialization.
He pointed out that more than 60% of the companies operating under this initiative fall under his ministry and are implementing similar programs, contributing significantly to employment generation.
“Over 60% of the companies under the One-District-One Factory initiative operating under my ministry, are developing all, implementing similar programmes, which account for the bulk of their employment creation impact. As a result of this massive push for investment, and industrialisation, so far, about 300 1D1F projects are at various stages of implementation and over 160,000 direct and indirect jobs have been created.
He specifically noted that 58 of the 1D1F projects are fully owned by youth groups in the country. These projects, located in 58 respective districts, are involved in various agro-based processing activities, including rice, maize, ginger, bamboo, cassava, and mushroom processing.
“Out of about 143 1D1F projects in various stages of construction and plant acquisition, 58 are fully owned by the youth groups who have been mobilised to establish agro-based processing factories in the 58 respective districts. They are involved amongst other rice, maize, ginger, bamboo, cassava, mushroom processing chain,” he stated.
Through the ongoing implementation of the 1D1F program, the government aims to stimulate industrialization, bolster local production, and enhance Ghana’s overall economic landscape.