The government's attempt to grant tax breaks to approximately forty-five companies identified by the Ghana Investment Promotion Centre (GIPC) as One-District-One-Factory enterprises and strategic investors has been met with a warning from the minority in Parliament that they will not back down.
According to Dr. Cassiel Ato Forson, the Minority Leader in Parliament, the NDC MPs will use every technique to prevent the government from extending tax breaks to the aforementioned 45 firms.
He believes that the number of enterprises brought to Parliament as candidates for tax exemptions by the Akufo-Addo/Bawumia administration is worrying.
According to him, the Parliament has been provided with around forty-five firms eligible for tax breaks, such as one-district-one-factory corporations and GIPC strategic investors. The administration is asking Parliament to grant these 45 firms tax breaks totaling $449, 446,247.95. This equates to more than five and a half billion Ghanaian cedis.
He went on to enumerate the 45 enterprises to which the government wants to give tax advantages.
The businesses include
- Agrohao Ghana Company Limited
- Amponsah-Efah Pharmaceuticals Limited
- B5 Plus Limited
- Beekaf Foods Ghana Limited
- By Oa & J Pharmaceuticals Limited
- Canadian Commercial Corporation
- CIMAF
- Ciments de l’Afrique Ghana Limited
- CK Engineering and Construction Limited
- Continental Blue Investment Ghana Limited
- Echo Poly Industries Limited
- Emperor Foods, Beverages Limited
- EPAC Flexible Packaging Ghana Ltd
- Everpack Limited
- Everpure Holdings Limited
- Ferro Fabrik Limited
- Fu Cal Company Limited
- Golden Africa Consumer Products
- Golden Africa Soap Industries Ghana Limited
- Golden Latex Products Limited
- Happy Sunshine Company Limited
- Keda (Ghana) Ceramics Company Limited
- Korban Company Limited
- Lesdy Company Limited
- Lesfam Industries Limited
- Mass Industries Limited
- Matrix Industries Limited
- Miro Forestry Ghana Limited
- Multipac Company Limited
- Nungua Warehouse Ghana Limited
- Prestige Integrated Agro Company Limited
- Rikpat Company Limited
- Rision Industry Company Limited
- RMS GPT Ghana Limited
- Sankofa Brewery Limited
- Sentuo Oil Refinery
- Sneda Transformers Technologies Limited
- Specialty Beers (Ghana) Limited
- Sunda Ghana Investment Limited
- Sunda Ghana Limited
- Triton Och Industries Ghana Limited
- Yaabiko Enterprise Limited
- Yellowtail Limited
- YMHY Doors Ghana Manufacturing Company
- Grand Chem Limited
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