Akufo-Addo commissions $40m diaper factory under 1D1F

Akufo-Addo commissions $40m diaper factory under 1D1F

President Akufo-Addo has commissioned the biggest baby sanitary pad factory under the One District One Factory (1D1F) programme at Bortianor near Accra.

The President is currently touring Accra to inspect some of the governmental projects in the capital.

On Thursday, he commissioned the diaper factory which is estimated at 40 million dollars.

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Accra-based Joy FM reports that the facility by Chinese firm Sunda is one of three other factories established in Ghana in the last two years.

President Akufo-Addo and the ruling New Patriotic Party (NPP) made the 1DIF a major campaign promise during the 2016 elections.

The idea is to add value to raw materials in Ghana and to also create jobs for the youth in the process.

The government has since rolled out factories in some parts of the country, with the diaper factory being the latest.

President Akufo-Addo said his government will continue to deliver on its promises made to the people of Ghana.

He said despite criticism from the opposition NDC, his government is transforming the country.

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The President also announced a five-year tax holiday and duty-free regime for the importation of raw materials and machinery by companies operating under the 1D1F.

Trade minister Alan Kyeremanteng also called on others to take advantage of the tax incentives under the program and invest in Ghana.

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Source: Yen.com.gh

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