The government has released GH¢465 million for the commencement of the one-district-one-factory project. It has also released GH¢256 million for the revamping of 100 private commercially viable and distressed companies throughout the country.

The Director of Policy Planning, Monitoring and Budget at the Ministry of Trade and Industry, Mr Padi Adjirakor, announced this in Accra yesterday.

Speaking on behalf of the sector Minister, Mr Alan Kyerematen, at the opening of the Ghana International Trade and Finance Conference, Mr Adjirakor said all businesses that qualified for the two programmes must present their proposals outlining their business plans to the ministry for the necessary action to be taken.

Investors from Mexico

In a presentation, the Mexican Ambassador to Ghana, Ms Maria de los Angeles Arriola Aguirre, said investors from Mexico were ready to invest in areas such as agriculture, health, communication, among others areas, in Ghana.

She, therefore, appealed to the government to put in place measures that would encourage those Mexican investors to invest in Ghana.