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The Private Enterprise Federation (PEF) has hinted of plans to collaborate with the president-elect to execute his promise of one-district-one-factory campaign promise.

Nana Addo Dankwa Akufo-Addo had said the policy will help in reducing the high level of youth unemployment in the country.

Speaking to 3FM Business, president of PEF Nana Osei Bonsu announced that plans have already been put in place to achieve this development project.

“Government is not going to do this alone, but with the private sector, PEF has already started creating business district coalitions and with this partnership the one district one factory promise can be achieved to create more employment opportunities”, he disclosed.

He believes an enabling environment for the private sector to thrive will be beneficial to the economy “If we manage the economy well and reduce our debt burden, then we can be sure of an enabling sector that can support private sector development,” he added.