ACCRA, Ghana – The government has officially discontinued the One-District-One-Factory (1D1F) initiative, a cornerstone industrialization policy of the previous administration. Trade, Agribusiness and Industry Minister, Elizabeth Ofosu-Adjare, confirmed the policy’s cessation and the removal of its incentives during a parliamentary session on Tuesday, July 8, 2025.
Mrs. Ofosu-Adjare’s announcement came in response to a query from Minority Leader Alexander Afenyo-Markin, who sought clarification on new investment incentives and risk mitigation strategies for Ghana’s industrial sector following the 1D1F’s cancellation. Afenyo-Markin also inquired about the establishment of new industrial parks as part of a revised investment attraction strategy.
In her reply, the Minister outlined a new strategic direction centered on the government’s flagship 24-hour economy framework. She described this as the “new game changer,” aiming to make Ghana economically vibrant around the clock.
As part of this renewed focus, the ministry is developing agro-processing parks, which Ofosu-Adjare characterized as a transformative element of the 24-hour economy strategy. These parks are intended to facilitate continuous production for import substitution, export, foreign exchange generation, and job creation for the youth.
The now-defunct 1D1F initiative, launched in 2017, aimed to industrialize Ghana by establishing at least one factory in each district, shifting the economy from raw material exports to value addition. The current government’s move signals a redirection of its industrial agenda towards new initiatives aligned with broader economic transformation goals.
Culled from CNR
