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.
On 25th August, 2017, His Excellency the President launched the 1D1F programme at Ekumfi in the Central Region. His Excellency after the launching, cut sod for the commencement of the first factory, a pineapple/ fruit processing factory at Nanabeng in the Central Region of Ghana.
The 1D1F initiative seeks to achieve the following;
The Secretariat provides technical support services including the following:
- Availability of raw materials
- Good Corporate Governance Practices
- Available market for produce (are there any off-taker’s agreement?).