President Nana Addo Dankwa Akufo-Addo yesterday commissioned a GHC6.2 million shoe manufacturing company operating under the government’s 1-District-1-Factory initiative.
The company, ‘Shoe Fabriek Ltd.’, which is a state-of-the-art factory, is fitted with the requisite infrastructure and equipment capable of producing 800 pairs of high-quality shoes, including security boots, school shoes and casual shoes for men, women, and children, per day.
According to the promoters of the project, the siting of the factory in the Akuapem North District is going to create jobs for the residents, and help reduce rural-urban migration.
Shoe Fabriek has, so far, created jobs for 144 people in the district, and is a classic example of the import substitution programme being implemented by the Ministry of Trade and Industry, as part of the 1D1F initiative.
President Akufo-Addo congratulated the promoters of the factory, Michael Asare Bediako, Opoku Benson and Salomey Gyamfi, for supporting the industrial transformation agenda of his administration.
Whilst encouraging Ghanaian institutions, such as schools, to patronize made in Ghana shoes from this factory, the President expressed gratitude to the traditional authorities and the residents of the community for their unflinching support to the company. He advised the workers to put in their best to ensure sustained growth of the company.
Projects so far
As of September 2021, 278 projects were at various stages of implementation under the 1D1F initiative. Out of this number, 104 are currently in operation, 150 are under construction and 24 are at the mobilization stage. 165 out of the 278 are new projects, representing 60 percent, whilst 113 companies are existing projects being supported, representing 40 percent
In promoting the 1D1F initiative, the Akufo-Addo government is seeking to address the youth unemployment challenge, by attracting private sector investments into the development activities of these communities.
The President also inspected ongoing work on the reconstruction of Nkurakan-Adukrom-Trom Junction road. This bituminous road has not seen any major intervention for a very long time, and has become narrow and in poor condition.
The road was awarded on December 23, 2020 to Messrs. General Construction & Development Limited, with work commencing on July 19, 2023.
When completed, it is expected to bring relief to both motorists and pedestrians. It will also reduce vehicle operating cost and reduce travelling time and facilitate the movement of goods and services. It will also serve as alternative link to Koforidua, the regional capital, when coming from Mamfe.