Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has officially declared the end of the flagship One District, One Factory (1D1F) initiative, citing the government’s new focus on the 24-hour economy as the transformative driver of national development.
According to the Minister, while the 1D1F policy contributed to industrial decentralisation and job creation under the previous administration, the evolving economic landscape demands a more dynamic and inclusive approach—one she believes the 24-hour economy provides.
“The 1D1F has served its purpose. The 24-hour economy is the real game changer for Ghana’s development, ensuring productivity around the clock, creating jobs, and boosting industrial output,” she stated during a press briefing on Tuesday.
The 24-hour economy policy, which promotes a shift-based system of operations in key sectors like manufacturing, transportation, agribusiness, and services, aims to accelerate growth, reduce unemployment, and ensure full utilisation of industrial capacity.
New Policy Priorities
The Ministry is now focused on attracting both public and private sector players to invest in infrastructure, logistics, and energy systems that support continuous operations, especially in urban and industrial zones.
Ofosu-Adjare emphasised that the 24-hour economy initiative will create a more resilient and competitive economy capable of withstanding global shocks while enhancing Ghana’s export potential.
This major policy shift comes amid broader national efforts to restructure industrial strategy and retool Ghana’s economy for inclusive and sustained growth.
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