Speaker, the 1D1F Initiative is underpinned by some core principles including the following:Firstly, 1D1F companies are not State Enterprises but are privately owned companies actively supported by Government. Government support to 1D1F companies include fiscal and non-fiscal incentives, technical assistance, and extension of infrastructural facilities, including electricity, water, and access roads. Secondly, 1D1F Companies could either be new companies or existing companies that meet the 1D1F criteria. Applications to participate in the 1D1F programme are submitted to the Ministry of Trade and Industry with a Business Plan or Proposal attached. Technical Assistance services provided free of charge to 1D1F Companies by experienced Consultants recruited by the Ministry.

Source: GhanaWeb July 23, 2021 16:48 UTC