The Ghana Ambassador to Burkina Faso His Excellency Boniface Gambila has said, there was no time government promised to provide every district with a factory under its flagship policy of One District One Factory (1D1F).
According to Ghana’s Amb. to Burkina Faso, the government policy of One District One Factory is a private sector motivated initiated.
He further told Apenewsgh.com during an exclusive interview, “The government pledged that it will support the private sector to carry out the intervention. So, you would realize that if you want to go into establishing a factory in your district, the first motivation is that you are from the district, you will not go and do it in someone’s district.
But technically, the issue of raw material cost and labour cost may influence you to locate your industry somewhere else”. He explained
“The policy is that you the private person who wants to make that intervention wherever in a district, it will be known as One District One Factory. Because is the government that has a certain package for you, not that government is coming to provide the factory”.
“So, if we have people from the Upper East region who want to be engaged in the policy, there should be some proposals from the private person or private sector promoters. You will now go and tell the government that you are establishing a meat factory but the area has no electricity and there is no water leading to the place and maybe you have invested $ 20 million dollars but the project is $40 Million dollars and which bank can give you the soft loan package, then the government will direct you there is a consortium of banks and then, the government will now have to look at its list and check which of the banks has the level of funds needed and then direct your proposal to the banks for assistance.
Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen
Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093
