1D1F: Ghana signs 400m Turnkey Financing facility with China

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The Minister for Trade and Industry, Alan Kyerematen with some Ghanaian Entrepreneurs today signed a $400 million Turnkey Financing facility with China National Building Materials Corporation (CNBM) of China for 22 Enterprise projects under the One District One Factory programme in Accra.

The projects which include Industrial Starch, Vegetable Oil, Garments and Alcohol processing are expected to create over 30,000 direct and indirect jobs across the country.

At the same signing ceremony, some local banks who are participating in the 1D1F program also signed On- lending facility arrangements with CNBM in support of the initiative.

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