Some private Chinese financial institutions have pledged to make a $400 million financial support towards the implementation of the government’s flagship One District One Factory (1D1F) programme.
Minister of Trade and Industry, Alan Kyeremanteng, made this known on Tuesday, May 7, 2019.
He was delivering an update report on the implementation of the 1D1F initiative at the Information Ministry’s Meet The Press Series.
He disclosed that the Chinese financial institutions have identified their Ghanaian counterparts to lend cash to players on the 1D1F programme.
He listed the local banks identified by the Chinese institutions as GCB, Ghana Eximbank, Ecobank, Stanbic Bank.
According to him, the Chinese institutions are to lend the $400 million to the local banks for onward lending to the 1D1F players.
---Daily Guide
There’s nothing you can do for us; just give us electricity to save our collapsi...
Ghanaian media failing in watchdog duties — Sulemana Braimah
On any scale, Mahama can't match Bawumia — NPP Youth Organiser
Never tag me as an NPP pastor; I'm 'pained' the 'Akyem Mafia' are still in charg...
Your refusal to dedicate a project to Atta Mills means you never loved him — Kok...
2024 elections: I'm competent, not just a dreamer; vote for me — Alan
2024 elections: Forget NPP, NDC; I've the Holy Spirit backing me and nothing wil...
2024 elections: We've no trust in judiciary; we'll ensure ballots are well secur...
Performance tracker: Fire MCEs, DCEs who document Mahama's projects; they're not...
Train crash: Railway ministry shares footage of incident
