Allan Kojo Kyeremanten ,Trade and Industry Minister designate has said that the one district, one factory policy championed by the New Patriotic Party during the campaign will create more jobs in the country
He said the policy will not be a substitute for the existing policy framework in the industrial sector. Rather it will complement efforts at growing the country’s industrial sector.
Answering questions from the 25 member Parliamentary Appointment Committee, the minister designate outlined a number of benefits the country will accrue as a result of the policy.
The policy he said will be a strategic partnership with the private sector with a close collaboration with the District Assemblies.
For a country reeling under a strangling unemployment rate, Alan Kyeremanten said the policy’s first target will be to ameliorate the unemployment situation in the country.
The policy, he reiterated will provide massive employment to the teeming youth, he pointed out.
With 216 districts in the country, at least a total of 216 factories are expected to be put up across the country, each one depending on the raw materials available in the district.
The Minister designate stated that another key component of the policy is to add value to the various raw materials grown at the various districts in the countries.
The country has for a long time being exporting its raw materials, particularly cocoa but the minister said the objective is to add value to key raw materials that will be produced across the country.
This will help in boosting growth of the country’s economy, he noted.