{"id":232394,"date":"2025-09-16T22:58:50","date_gmt":"2025-09-16T22:58:50","guid":{"rendered":"https:\/\/www.europesays.com\/us\/232394\/"},"modified":"2025-09-16T22:58:50","modified_gmt":"2025-09-16T22:58:50","slug":"agi-urges-seamless-transition-from-1d1f-to-24-hour-economy-incentives","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/232394\/","title":{"rendered":"AGI urges seamless transition from 1D1F to 24-hour economy incentives"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/AGI-urges-seamless-transition-from-1D1F-to-24-hour-economy-incentives-2000957?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/931\/93143715.295.jpg\" alt=\"Humphrey Ayim-Darke is the President of AGI\" title=\"Humphrey Ayim-Darke is the President of AGI\" width=\"295\" height=\"163\" \/> <\/a>Humphrey Ayim-Darke is the President of AGI<\/p>\n<p id=\"article-123\">The Association of Ghana Industries (AGI) is calling on the government to ensure a smooth and uninterrupted transition from the One District, One Factory (1D1F) initiative to the newly introduced 24-hour economy policy.<\/p>\n<p>The appeal comes amid concerns from AGI members who continue to benefit from the 1D1F programme and fear that abrupt policy changes could disrupt their operations.<\/p>\n<p>Speaking at the Ghana Industrial Summit and Exhibition 2025 in Accra on September 16, 2025, AGI President, Humphrey Ayim-Darke, underscored the importance of preserving the tax exemptions granted under the 1D1F initiative. <\/p>\n<p>He urged the government to not only maintain these incentives but also enhance them under the 24-hour economy framework to drive industrial growth and job creation.<\/p>\n<p>\u201cIncentives for industries are a necessity, such as the tax exemption regime that can trigger the expansion of businesses. And I say this with reference to some of the recent developments surrounding the 1D1F policy, of which a number of our members are still beneficiaries,&#8221; he said.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Smuggling-syndicate-worth-10-million-uncovered-by-GoldBod-2000935\" rel=\"nofollow noopener\" target=\"_blank\">Smuggling syndicate worth $10 million uncovered by GoldBod<\/a><\/p>\n<p>He further said; \u201cWe expect that for such beneficiaries, there will be a smooth transition from the 1D1F policy to more beneficial incentives under the 24-hour economy policy to prevent disruptions in our business activities.\u201d<\/p>\n<p>Ayim-Darke also voiced concern over the growing influx of parallel imports\u2014foreign-made products that directly compete with locally manufactured goods. <\/p>\n<p>These imports, often cheaper and insufficiently regulated, are placing Ghanaian producers at a disadvantage.<\/p>\n<p>\u201cLocal manufacturers are under pressure from a wave of cheaper, unregulated imports. These products often evade proper checks, giving them an unfair cost edge. We urge regulators to intervene and correct these market distortions,\u201d he said.<\/p>\n<p>Beyond incentives and import controls, Ayim-Darke emphasized the need for fair and predictable electricity tariffs.<\/p>\n<p>He noted that balanced pricing is essential for maintaining industrial competitiveness and ensuring consistent operations across the sector.<\/p>\n<p>SA<\/p>\n<p><b>Watch the latest edition of BizTech below:<\/b><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Humphrey Ayim-Darke is the President of AGI The Association of Ghana Industries (AGI) is calling on the government&hellip;\n","protected":false},"author":3,"featured_media":232395,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,79,67,132,68],"class_list":{"0":"post-232394","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115216460319699205","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/232394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=232394"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/232394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/232395"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=232394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=232394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=232394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}