04 Aug Private Sector Remedy? [August 2017]
Private sector development is the name of the innovative game. The Government has carved out a number of policies and projects such as the ‘One District One Factory (“1D1F”)’, ‘Planting for Food and Jobs’, ‘One Village One Dam’ not forgetting the improved tax system by virtue of the ‘Asempa’ Budget of March 2017. The mantra is ‘job creation’; the focus is increased investment within the private sector driven by local and foreign partnerships.
Parliament has so far approved$465 million for the setting up of 51 factories under the
1D1F initiative. This flagship initiative is a vision for industrialization.
Local and foreign investors alike have submitted applications to establish factories under the 1D1F policy initiative. The applications include expressions of interest and business plans for the program and the Government is in the process of developing a host of incentives for such investors.
The Ghana Investment Promotion Centre has reported an exciting first quarter, having experienced a surge in the number of….. Subscribe HERE for FREE to Read More…..