NPP’s Gabby Otchere-Darko says President Akufo-Addo has beaten Osagyefo Dr Kwame Nkrumah in terms of industrialization drive in the country.
According to him, the President in less than five years has built more factories than Dr Kwame Nkrumah did in 9-years.
“Akufo-Addo has also embarked on an industrialization drive like never before. Yes, we always refer to the 1st Republic as the “golden age”. Nkrumah built 32 factories in 9 years, which became but a drain on the exchequer due to misalignment and mismanagement.
The truth is, far more have been built or fixed in 4 years under 1D1F under Akufo-Addo. More global automobile companies have set base in Ghana under Akufo-Addo than under any other Govt in our 64 years. There is more to come as AFCFTA takes shape and Ghana is at the centre of it.”
As a reminder, 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.
The initiative as proposed by His Excellency Nana Addo Dankwa Akufo-Addo is private sector-led. Government creates the necessary conducive environment for businesses to access funding from financial institutions and other support services from Government agencies to establish factories.