1 district 1 factory needless, not doable - Prof

1 district 1 factory needless, not doable - Prof

Professor Ernest Aryeetey, an economist, has referred to President Akufo Addo's one district one factor campagn promise as "needless and undoable".

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1 district 1 factory needless, not doable - Prof

Professor Ernest Aryeetey

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Speaking at a Graphic/Stanbic Business Breakfast Meeting held in Accra on Tuesday, 14 February, the Immediate past Vice Chancellor of the University of Ghana said that although he saw the need for an industrial plan that would focus on transforming individual district economies and job creation, he did not think that that need covered the one district one factory fan.

"I always say that since you are not going to create jobs in the short term in your cities, you’ve got to focus on rural districts. And how do you do it? It’s not going to be easy. I was very happy that in the government’s campaign to be elected, it did talk about one-district-one-factory [policy]. I don’t believe you can do that. I don’t believe you can do one-district-one-factory nor do I believe there is a need for it.”

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Professor Aryeetey went on to say that if the necessary job creation in certain districts came in the way of a factory, then he's all for it.

"It is the structure of the district economy that will determine what should be done there: maybe that structure is going to lead to more emphasis on agriculture, maybe that structure is going to lead on construction, maybe that structure is going to lead on services, depending on the skills set available. So, we need to have, for every district, a plan in terms of what is going to change and how that change is going to lead to more jobs."

“And I would say in that plan, the emphasis should be on modernising agriculture because that’s what you have, that’s the potential that you have most, the idea here is to help fill that middle that is missing.”

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1 district 1 factory needless, not doable - Prof

Source: Yen.com.gh

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