MOTI holds public sensitization on 1D1F policy in Bolgatanga
Bolgatanga, The Upper East Regional Office of the Ministry of Trade and Industry (MOTI) has held a day’s public sensitization workshop on the ‘One District One Factory’ for small and medium entrepreneurs and business promoters in Bolgatanga.
The programme, which brought together private business promoters and associations as well as the Ghana Export Promotion Authority (GEPA), was to afford the private business owners in the region the opportunity to deepen their understanding of the policy.
Mr Maxwell Ansah, the Acting Upper East Regional Trade Officer of MOTI, said the vision of his outfit is to develop a modern, vibrant, technology- driven, competitive trade and industrial sector that would contribute to inclusive and sustainable economic growth and employment.
He said as part of government strategic plans to industrialize the economy, the One District One Factory policy, which is a private sector driven policy, is aimed at decentralizing the industrial sector to the district level by establishing at least one factory in each of the 254 districts across the country.
The Acting Regional Trade Officer said the policy when fully implemented would add value to the natural resources of each district and exploit the economic potentials of each district as well as develop local substitutes for foreign products.
Mr Ansah said the policy which targets industries including the input or raw materials production cooperatives, agro processing and businesses, textiles and clothing, ICT, pharmaceutical and cosmetics, waste management, tourism, art and crafts, distribution and trading and the construction industry has received low patronage in the region.
He said out of a total of 345 bankable projects approved so far across the country, the highest region was Ashanti with about 79 bankable projects, whiles the Upper East Region has only four viable projects in three districts including the Bawku West, Kassena-Nankan West and Talensi Districts.
Bawku West District has proposed the production of guinea fowls; Paga in the Kassena-Nankana West District- Shea factory; and the Talensi District has proposed to have quarry and tomatoes factories established, he said.
He said the region has secured about 30,000 hectors of industrial land for the implementation of the policy.
Mr Ansah said the financial support that the implementing banks would be given to the promoters would be in the form of loans but government would pay 50 percent of the interest on the loan facility for each promoter.
He asked small and medium enterprises and business organizations to seek technical advise from the Ministry and its agencies including GEPA, the Ghana Standards Authority, the Business Advisory Centre among others to enable their businesses grow effectively for the necessary impact.
Mr Martin Akogti, the Upper East and Upper West Regional Zonal Officer of GEPA, advised producers to pay attention to quality branding as it created unique impression about the project or product.
He urged producers to add value to their products to distinguish themselves by their quality, efficacy, reliability, assurance and care to enable them to attract and retain customers to improve on their productivity.
Source: Ghana News Agency