1D1F: No investor wants to establish company in Sissala West – Trade Minister

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No private sector investor has showed interest in building a factory under 1D1F, one of the government’s major programs, in the Sissala West constituency, according to the Minister of Commerce and Industry, hon. K T Hammond.

According to Hon. K T Hammond, 1D1F is a demand-driven initiative facilitated by the government of Ghana to help a private sector to establish at least one factory in each of the country’s 261 districts. However, to date, no private sector has expressed interest in establishing a factory at Sissala West. The question was posed on the floor of the parliament by Hon. Mohammed Adam Sukparu.

The trade minister pleaded with the lawmaker to help potential 1D1F business promoters who are eager to invest in his district and is prepared to offer all required assistance.

Mohammed Sukparu responded to the minister’s response by saying he was dissatisfied by the minister’s statement that for the past seven years, No business investor has showed interest in Sissala West District to develop 1D1F. He called this as a worrying, worrying, situation.

Furthermore, he said that the NPP government had misled his people since, according to the policy he understood at the time of its introduction, Sissala West was supposed to receive benefits on behalf of all 261 districts.

The lawmaker accused government for failing to create the conducive environment for businessmen to develop interest in establishing 1D1F at Sissala West District.

Source: Ghanatodayonline.com/ Nana Kwaku Boffah.

 

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