Akufo-Addo Commissions $35m Factory at Ningo-Prampram; Photos Emerge
- President Nana Akufo-Addo has commissioned the Atlantic LifeSciences Ltd, a company operating under the government’s 1-District-1-Factory programme
- He was joined by some government officials during the ceremony at Ningo-Prampram in the Greater Accra Region on Friday, April 22
- The factory will manufacture vaccines, anti-snake serums, eye drops, inhalation anaesthesia products, syrups, tablets, and capsules
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President Nana Akufo-Addo has commissioned the Atlantic LifeSciences Ltd, a company operating under the government’s 1-District-1-Factory initiative.
The president was joined by Alan Kyerematen, the Minister of Trade and Industry, and other officials during the commissioning at Ningo-Prampram in the Greater Accra Region on Friday, April 22.
In a Facebook post, he disclosed that Atlantic LifeSciences Ltd is the 107th factory completed and operating under the 1D1F initiative, out of 278 enterprises being established and rehabilitated across the country.
Source: Facebook
Purpose for establishing the company
The company was established with the support of the government to manufacture vaccines, anti-snake serums, eye drops, inhalation anaesthesia products, syrups, tablets, and capsules, in Larkpleku.
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Out of the total investment for the project, which is estimated at US$35 million, Ghana Exim Bank provided a credit facility to the tune of $10 million for the procurement of plant, equipment, and machinery.
President Nana Akufo-Addo says this underscores the kind of support given by the government to the private sector to take advantage of economic opportunities in the country.
See photos from the ceremony below:
Easter: Akufo-Addo Urges Ghanaians To Act Responsibly and Safely During Celebration
Meanwhile, YEN.com.gh previously reported that President Nana Akufo-Addo urged Ghanaians to live responsibly and safely during the Easter celebration despite the lifting of the Covid-19 restrictions.
In his Easter message via Facebook on Thursday, the president reiterated that the country's Covid infection rate is low, with only 32 active cases recorded as of Monday, April 11.
''Fellow Ghanaians, this year's Easter will be the first in three years that we're going to have the opportunity to celebrate fully following the lifting of virtually all the restrictions the government imposed to help win the fight against COVID-19,'' he said.
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