Dr. Daniel Mchkorley, a Ghanaian business tycoon and the CEO of the McDan Group of Companies, is pushing the One District One Factory project and the government to accelerate industrialisation.
The renowned business tycoon lavished praise on the 1D1F initiative, which has the potential to transform Ghana’s economy, calling it the finest thing that has ever happened to the country.
Hon. Alan Kyerematen and his team of officials focused on the One District One Factory Project as a hallmark program from the government New Patriotic Party (NPP) as part of the Industrialization drive under the Ministry of Trade and Industry.
Thousands of direct and indirect employment were established throughout advantageous regions as a result of the initiative, which has subsequently produced over 100 working enterprises.
Dr. Daniel Mchkorley, a seasoned and prosperous business magnate operating in Africa, did not hold back in praising the policy’s valuable character.
McDan, as he is commonly known, urged Ghanaians not to politicize the effort while speaking on Joy News Super Morning drive.
“We don’t have to play politics with it because this is what will create jobs for the ordinary man on the street.
This is a business model that can make you fall in some areas. The one District One Factory is one of the best thing to ever happen to this country.
I really supported it and still supporting it. There is too much hope in the 1D1F and we dont have to joke with it”, McDan said on Joy News.
The One District One Factory is a collaboration between Ghana government and the private sector that has seen many new factories set up or old and defunct factories revived.
The policy has seen many Automobile factories, rice processing, juice processing and other domestic sectors revived through collaboration of government and private sector.
“What we lack here is job creation and one of the requirements from IMF is that the government can’t employ. This is the time the Private sector can set in to employ people”, McDan emphasized.
On the workability of the initiative, the sucesful business man urged government to put a monitoring team in place to guide the activities of the 1D1F initiative.
“I thought government was going to setup a monitoring and evaluation team to look after 1D1F. They were to look at where to set up factories”, he concluded.
One District One Factory, one of the NPP’s most well-known programs, is ascribed to Hon. Alan Kyerematen, the ministry’s current trade and industry minister.
Some African nations are actively executing the idea worldwide after studying its functioning method.