The Chief Executive Officer of the Ghana Exim Bank, Mr. Lawrence Agyensaim, has disclosed that Gh¢100m has been set aside for the establishment of factories in the five northern regions, and his outfit is working assiduously with the promoters of these factories to ensure their speedy setup.
He said Ghana Exim Bank is ready to support President Akufo-Addo’s vision of One District One Factory.
“Just as we supported the construction of Ekumfi Juice factory, we are also supporting the construction of this factory and many more for the greater development of Ghana” he declared.
The government’s One District, One Factory initiative is a Public-Private Partnership project.
The current government under the able leadership of H.E. Nana Addo Dankwa Akufo-Addo seeks to address the problem by undertaking a massive industrialization campaign across the country, which will equip and empower communities to utilize their local resources in manufacturing products that are in high demand both locally and internationally.
This 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, an increase in agricultural and manufacturing output, a reduction in the reliance on imports and an increase in the production of consumer goods and food availability.
Source: Kofi Atakora
