Government to start '1-district, 1-factory' policy in 47 districts

05:55 - 17 April 2017

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Speaking in an interview, Assibey-Yeboah said the construction of the first 47 factories will start in the fourth quarter of 2017.

The Akufo-Addo administration will kick start its flagship one-district, one-factory policy in 47 constituencies, the chairman of the Finance Committee of parliament, Dr. Mark Assibey-Yeboah, has said.

He noted that GHC456 million has been allocated for the construction of the factories.

“The budget allocated GHC456 million for the One -District -One Factory Project which has been approved for the Program to take off. 47 districts have been identified, so government is going to commence the Project this year with 47 districts,” he told Koforidua-based Kingdom FM.

During the 2016 election, then candidate Nana Akufo-Addo promised to establish a factory in every district in a bid to deal with unemployment and rural urban migration.

In addition, he promised to send an equivalent of $1 million every year to all 275 the constituencies to deal with sanitation and basic infrastructure.

Assibey-Yeboah said the government is committed to fulfilling its promises, adding that the cut in interest rate, tax cuts and other prudent measures are improving the economy.