1D1F will link entrepreneurs to funding sources – Trade Fair CEO

The CEO of the Trade Fair Company, Dr Agnes Adu has reiterated that government must remain steadfast in its efforts to link entrepreneurs with funding sources through the One-District, One Factory (1D1F) initiative.

Dr Adu speaking with Goldstreet Business said industrialization is critical for the growth of the economy hence entrepreneurs must be ranked high and linked to funding sources to promote government’s industrialization agenda.

She said these components of funding sources for government’s 1D1F initiative is to formulate a policy around industrialization.

‘’We have identified potentials through the Ministry of Trade and Industry, MoTI, and the 1D1F Secretariat and now it’s time to move the initiative to the next level that will support entrepreneurs.’’

‘’We also want Ghanaians to know that entrepreneurs with their business can also succeed and thrive in Ghana,’’ she added.

She said the Ghana International Trade Fair is to offer an opportunity that will connect participants, entrepreneurs, developers to various funding sources under the initiative.

‘’We want to use this platform to create an effective medium where all the entities involved can come together to make the initiative a successful one.’’

Ecobank Ghana; Access Bank Ghana; GCB Bank Ghana; Universal Merchant Bank and Exim Bank are listed as banks that will provide funding sources to entrepreneurs under the 1D1F.

Redevelopment of the Trade Fair Centre

Dr. Agnes said over last decade, the Trade Fair Centre which has seen it’s hey days has now fallen into disrepair.

‘’We came into a situation where the facilities and structures have broken down to such an extent that it cannot even support a proper international trade fair.’’

The CEO however assured that active plans towards the redevelopment of the centre are well advanced and set to be implemented towards the end of 2019.

She said the goal is to transform the centre into an ultra-modern site that will ultimately rival neighbouring and global exhibitions centres.

By Mawuli Y. Ahorlumegah