Akufo-Addo allocates US$79m for one region, one industrial park initiative

Akufo-Addo allocates US$79m for one region, one industrial park initiative

The Akufo-Addo led administration has introduced a new project to its tall list of deliverables.

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Government has announced the allocation of US$79 million for the implementation of the parks for each region.

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According Citi Business, the parks will have energy, water and telecommunications facilities which will allow for the creation of industries.

The president has given us about US$79 million for the Trade Ministry to embark on the one region, one park project under our industrialization drive.

“We are going to have enclaves in all the regional capitals where investors can come in and put up their factories or plants and commence production straight away,” deputy minister for Trade and Industry, Carlos Ahenkorah said at the 2019 CIMAF Customer Dinner Awards.

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Ahenkorah stated that principle for the new government project was to promote and strengthen the country’s economic transformation.

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He added that the money allocated is part of a World Bank project known as Ghana Economic Transformation Project (GETP) for the development of Ghana’s industrial landscape.

YEN.com.gh earlier reported that Ghanaians woke up Sunday, February 2, 2020 to news of the death of highlife musician, Kofi B.

According to reports the musician passed in the early hours of Sunday.

It is not clear or known what might have caused his death but preliminary reports shows the artiste had not been well for sometime now.

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Source: Yen Ghana

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