Government and Politics

Minister defends decision to count existing companies as part of 1D1F

Adomonline

Minister for Trade and Industry, Alan Kwadwo Kyeremateng, has justified government’s inclusion of existing enterprises in its One District One Factory (1D1F) programme.

The minister is reported to have said at this year’s National Results Fair held at the Accra International Conference Centre (AICC) that it’s prudent to support existing viable companies to grow rather than establish new ones.

In a rebuttal to critique the addition of existing businesses to the 1D1F programme, the minister said there was nothing wrong with the desicion.

He explained that the [ 1D1F] policy was not to establish state enterprises but support private sector industrialization.

“There is nothing wrong with counting already established companies as part of the 1D1F policy because the idea behind the policy is not for government to establish state enterprises.

He said the idea was to support the private sector to lead the industrialization agenda of government.

Loading...
Tags

Got a news item to share with us or an enquiry to make?
Send an email to [email protected]

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button
Close
Close