After several speculations surrounding how the 1-District-1-Factory policy, Minister of Trade and Industries, Alan Kyeremateng, has officially announced how the government plans to implement the policy.
Submitting an expression of interest, either through the district assembly for the particular district in which you intend to have your project or submitting the expression of interest through the Ministry of Trade and Industry, because unless we are able to generate a request, then obviously what government is going to do is imposing interventions on the people which may not necessarily work". Mr Kyermaten continued that "when we talk about 1-district-1-factory, these are not state enterprises.
Although this will not be mandatory, it will be an added advantage if that project can also support our export development agenda. Mr Kyeremateng concluded by saying the size of such a project should have an investment size ranging between $1million and $5million or in actual fact the bigger.
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