The One District One Factory (1D1F) initiative is the vision of His Excellency the President, Nana Addo Dankwa Akufo-Addo to change the nature of Ghana’s economy from one which is dependent on import and export of raw material to one which is focused on manufacturing, value addition and export of processed goods. These raw materials are largely found in the districts which would have otherwise gone waste.
The initiative as proposed by His Excellency Nana Addo Dankwa Akufo-Addo is private sector led. Government creates the necessary conducive environment for the businesses to access funding from financial institutions and other support services from Government agencies to establish factories. Ghanaian entrepreneurs will thus own the companies, operate them and bear all the risks and rewards of the projects.
Hear from a few of some natives who have been beneficiaries of the 1D1F initiative. This initiative will allow the country to reap the well known rewards of industrialization, such as gains in efficiency in every facet of life in our society, increase in agricultural and manufacturing output, a reduction in the reliance on imports and increase in the production of consumer goods and food availability.
