Home General Ministry Of Trade Tackles Recent Social Media Reports On Selected One District...

Ministry Of Trade Tackles Recent Social Media Reports On Selected One District One Factory (1D1F) Projects

4341
167

The attention of the Ministry has been drawn to negative reportage on selected One District One Factory (IDIF) projects following the recent Media Encounter by His Excellency the President.

The reportage maliciously attempts to belittle the progress made by the Government in facilitating the operationalization of the IDIF initiative. The said reportage makes reference to 2 companies, Unijay Garments Limited and Volta Forest Products as companies reported by the Ministry to be IDIF companies already in existence or are operational.

The Ministry wishes to state categorically as follows:

Unijay Garments Limited
This company located in Kumasi produces garments. The company applied for assistance under the IDIF programme in July 2017 and has gone through the required screening and qualified to receive support under the IDIF programme. The company has subsequently received an amount of Ghs2.5 million from Prudential Bank Limited as a IDIF company, which amount has been applied as working capital for the existing business. In addition, the company has applied for an additional Ghs10 million for an expansion programme under the same company name which is currently being considered by the Bank under the IDIF programme. In light of the above, it is difficult to understand how anybody could reasonably object to the description of Unijay Garments Limited as an existing IDIF company.

Volta Forest Products Company
This company located in Hohoe, Volta Region is engaged in the manufacture of wooden products. The company applied for assistance under the IDIF programme in Nov. 2017 and has gone through the required screening and qualified to receive support under the IDIF programme. The company has subsequently received an amount of Gh1.5 million from Prudential Bank Limited as a IDIF company, which amount has been applied as working capital for the existing business.

For the avoidance of doubt, the Ministry has consistently and publicly made reference to the following facts about the IDIF programme:

  • The IDIF programme is a private sector-led initiative, facilitated and supported by the Government. It is not intended to establish State enterprises but rather to support companies established and owned by the private sector and when required, with government equity not exceeding 30%.
  • An existing enterprise that meets the required criteria can qualify as a IDIF project.
  • The selection of a IDIF project could involve the revitalization of an existing government-owned or privately sponsored project or company which is deemed to be potentially viable.
  • Government’s support to IDIF companies includes facilitating access to short, medium- and long-term financing from Participating Financial Institutions (PFIs); subsidized interest rate for loans; various tax and other fiscal incentives including 5-year tax holiday and waiver of duties and levies for the importation of machinery, equipment and raw materials; free technical assistance to support operations of IDIF companies, and facilitating access to infrastructure facilities including land, electricity, water etc.

In all, there are 181 IDIF projects covering 112 Districts at various stages of implementation, including 58 existing companies, 26 projects under construction, 26 pipeline projects currently under consideration by PFIs; 58 Enable Youth IDIF projects ready for construction by first quarter of 2020 (Small Scale Processing Facilities to be owned by youth groups and financed by AfDB); 5 IDIF Common User Processing Facilities ready for construction by first quarter 2020 ( to be owned by organized farmers groups and funded by AfDB); and 8 Large Scale IDIF projects financed by a consortium of Chinese Financial Institutions, ready to commence construction by third quarter of the year 2020.

Under the 2020 Budget, Government has provided resources to support Business Promoters to establish IDIF projects in the remaining 148 Districts currently not covered under the programme.

The Ministry wishes to advise individuals seeking information on the implementation of the IDIF programme to contact directly the Chief Director of the Ministry of Trade and Industry and avoid making references to the IDIF initiative without reliable information.

167 COMMENTS

  1. I think this is one of the most significant info for me. And i am glad reading your article. But should remark on few general things, The site style is great, the articles is really great : D. Good job, cheers

  2. Акриловая тушь на водной основе. Является несмываемой после высыхания и образования пленки. В мокром виде(не засохшая) смывается. Результаты поиска Штрих-код: 6923991401851 Применение: тушь широко применяется в графических, художественных работах и каллиграфии. Предназначена для любительского и профессионального использования, но для заправки в рапидографы и изографы не подходит. Тушь (чернила) DRAWING INK для рисования компании Royal Talens производятся из высококачественных красителей путем растворения их в щелочном растворе. Стойкие, яркие цвета, не является водоустойчивой, за исключением золотой, серебряной и Жидкой индийской. Тушь можно разводить дистиллирован $5.22 Тушь для волос Милая Леди Сказочный патруль, желтая за 441 руб. Фиолетовая тушь. Вот настоящая находка для голубоглазых красавиц. Фиолетовый многократно усиливает цвет глаз и делает их похожими на небесную синь. Но здесь важно смотреть, чтобы цвет туши был не слишком ярким, а слегка «припыленным». С зелеными и темно-карими глазами этот оттенок сочетается не очень: его просто становится не видно, и вся затея теряет смысл. https://notfooledbygovernment.com/community/profile/johnson63v12405/ В данном аппарате используется безопасный для организма человека переменный электрический ток, который обеспечивает заметное повышение упругости кожи, устранения морщин и улучшение цвета лица. Кроме того, косметологи активно используют данную процедуру для усиления действия активных веществ масок, кремов и др. средств. 1 балл = 1 рублю Для процедур по уходу за кожей лица и тела. Благодаря уникальной форме электрода вы можете самостоятельно регулировать площадь воздействия от точечного до более обширного. Электрод также идеален для проведения процедур в труднодоступных частях тела. Для процедур по уходу за кожей лица и тела. Благодаря уникальной форме электрода вы можете самостоятельно регулировать площадь воздействия от точечного до более обширного. Электрод также идеален для проведения процедур в труднодоступных частях тела. После поступления заказа в ПВЗ, вам придет смс e-mail уведомление.

  3. Wiedza o tym, które ręce startowe są najlepsze jest kluczowa dla silnej strategii pokerowej. Nie znając różnych układów pokerowych, nie będziesz wiedział, na jakim miejscu jesteś na początku gry, co może okazać się szkodliwe, biorąc pod uwagę, że zdecydowanie nie chcesz rozgrywać każdego rozdania. Aby dowiedzieć się więcej o podstawach gry w pokera, odwiedź naszą szkołę pokera. Aby pomóc ci stać się lepszym graczem, wyszczególniliśmy prawdopodobieństwo otrzymania typowych układów pokerowych i sytuacji, które prawdopodobnie spotkasz przy stole. Aby dowiedzieć się więcej na temat kluczowych taktych i pokerowych terminów podczas gry w pokera, odwiedź naszą szkołę pokera. – PODBIĆ (raise) – żeby podbić gracz musi przewyższyć maksymalną kwotą wrzuconą przez poprzedniego gracza (czyli w tym przypadku musi powyżej $2). Pozostali gracze, chcąc grać dalej będą musieli dorównać do jego nowo ustalonego maksimum. https://medformei.com.br/community/profile/dees45252564783/ situs idn poker terbesar di Indonesia. Ostatni odcinek serii, opowiadającej o administracji prezydenta Stanów Zjednoczonych, będzie można zobaczyć w amerykańskiej telewizji 14 maja. Serial emitowany był przez siedem sezonów. Jeśli pojawia się pytanie, spiny z dużą szansą na wygraną dopasowując kombinacje złota. Zazwyczaj platformy e-commerce, sztabek i górników po przekątnej lub w poziomie. Jeśli umieścisz 6, uczciwa ruletka z krupierem opinie które oceniamy jako najlepsze. To, jest najbardziej przyjazne dla Dubaju i oferuje wiele różnych opcji bankowych dla wszystkich transakcji finansowych. Lubiliśmy oglądać gamę gier jackpot od różnych programistów, jak zarobić na wirtualny kasyna w polsceu wygrywasz 250 żetonów.

  4. Just wish to say your article is as amazing. The clarity in your post is just excellent and i can assume you’re an expert on this subject. Well with your permission let me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please carry on the enjoyable work.

  5. Experts suggest waiting a minimum of four to six hours after cannabis use before driving. But that is the minimum, and everyone needs to understand there are a number of situations and scenarios that would require a longer wait time. New users, for example – people who aren’t used to consuming cannabis should wait longer. Users who have consumed a lot should wait longer. And certainly anyone who has combined cannabis with other drugs and or alcohol should wait longer. We can’t emphasize enough that there are many factors involved. If you don’t feel right – if you don’t feel sober – don’t drive. This chapter provides a summary of your cannabis retail requirements under the relevant provincial legislation, including the Cannabis Control Act and the Cannabis Licence Act and the regulations. This is meant to be a guide. It is not a complete list of all rules and is not legal advice. In addition, you may be subject to federal requirements pursuant to the Cannabis Act. https://endtheduopolynow.com/community/profile/lashundamoulton/ “Medical marijuana has become a very important part of their treatment program and pain management program,” said Connor, referencing patients who have cancer, multiple sclerosis, rheumatoid arthritis, or those requiring palliative care. download the my Sun Lifeapp The insurance company said Tuesday that clients who have been approved for medical marijuana coverage will be able to consult with Shoppers pharmacists at an Ontario-based patient care centre about different strains of medical marijuana and the different ways to take it. Member Login While the insurance companies promise constant review as clinical evidence arises for further conditions that cannabis can treat, this clinical evidence is unlikely to surface in the short-term as no one pharmaceutical company has a financial interest in cannabis. No company holdsmedical Marijuana or can hold, a patent on it as a drug. As time goes on, cannabis producers and industry organizations may fund needed clinical trials once cannabis becomes legal and they have the money to do so, but for now, we can expect the scope of Ontario group benefits coverage of medical marijuana to be limited.

LEAVE A REPLY

Please enter your comment!
Please enter your name here