According to Prof Ernest Aryeetey, such a policy will not work without the needed infrastructural projects.
According to him, such a policy will not work without the needed infrastructural projects.
The setting up of these factories across the country will, not only, commence the rapid industrialisation of Ghana’s economy, but also, will result in the creation of hundreds of thousands of jobs needed by the masses of unemployed Ghanaian youth.
Speaking at a business breakfast meeting in Accra on Tuesday, February 14, 2017 he said "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."
He added that "there is a need to have for each district of Ghana, an industrial development plan that will have a focus on transformation of the district economy and a focus on job creation, so, if that job creation, as a result of the plan, is coming through one factory, then so be it."
Prof Aryeetey said, "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".