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The designation of the One District One Factory initiative (1D1F) was the subject of heated debate in Parliament when the minority asked if the policy had changed in recycling old companies.
The minority expressed concern that meager state resources are being used to rectify troubled companies on the pretext of creating factories under the 1D1F; and asked if this was part of the policy's objectives.
The majority, however, indicated that under the 1D1F policy, the government plays only a facilitating role for the private sector in the creation of corporations.
The party said the policy was aimed at ensuring that industrialization is spread evenly across the country, which includes helping existing businesses expand to the four corners of the state and become viable. .
The debate follows a report presented by the Finance Committee to the House regarding the tax exemption of import duties, VAT on importation, tax GETFund, tax NHIL, Exim tax and other taxes of an amount of 222 151,00 USD (1.14 million GH ¢) and 15 737,00 €. (GH ¢ 92.579.00).
The company Yedent Agro Group Limited Company, established in 2011, enjoys a tax exemption of 1.144 billion GHAC, while restores Limited enjoys an exemption of 92,579.00 GH ¢ under the policy 1D1F to expand its business and install new equipment.
The minority, however, was not enthusiastic about the apparent change in the objectives of 1D1F, according to which the government claims to create a factory in each district to provide jobs for unemployed youth.
The Yapei Kusawgu MP, John Jinapor, pointed out that nearly one billion cedis have been spent to implement this policy, without any factories having ever been built.
He claimed that the majority did not claim that the policy does not require the government to establish factories, as the 2019 budget approved by Parliament provided for the creation of new factories in each district under the 1D1F policy. .
He said that if the government decides to re-evaluate the policy of supporting existing businesses instead, the minority would support it, but it must be openly declared.
President Nana Akufo-Addo, he said, has not succeeded in establishing new factories and instead is calling for factories set up under John Mahama to continue his policy.
Mr Benjamin Kpodo, Member of Parliament for Ho Central, asked if companies qualify for tax exemption under 1D1F, since they had been created well before the coming to power of the nuclear power plant.
He criticized the government for recycling old firms as new factories as part of the policy because it did not meet the expectations of Ghanaians.
Dr. Mark Assibey-Yeboah, chairman of the finance committee, said in response that the government had never promised to create new businesses, stressing that the NPP was a tradition of Dankwa-Busia and did not believe in the Establishment of factories by the government.
The government's contribution to the policy, he said, is to help the private sector create businesses, not the government to take the initiative to set up factories.
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