Nissan to establish assembling plant in Ghana

- The government has announced ongoing deliberations to have Nissan establish an assembling plant in Ghana

- This comes after the government signed an MOU with Volkswagen to establish its assembling plant in Ghana

- The vice president, Dr Mahamudu Bawumia, said this is in line with government’s strategy to boost the local automobile sector

The minister of trade and industry, Alan Kwadwo Kyeremanteng, has disclosed that Nissan Motor Co. Ltd will soon establish an assembling plant in Ghana.

According to the minister, discussions are ongoing between the government and Nissan to get the plant set up in the country.

He added that Nissan, like Volkswagen, has expressed interest in helping Ghana to develop its automobile sector through that initiative.

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“VW has already signed the MOU and the latest to join is Nissan far advanced with discussion to establish in Ghana,” he announced.

Allan Kyeremanteng made this revelation at the ongoing Ghana Industrial Summit and Exhibition in Accra, monitored by YEN.com.gh on GHONE TV.

"We have added the automobile industry into our key initiatives to move the industrial transformation of this country. We have received a massive response from the private sector after we send the strong signal of industrialising the economy," Mr Kyeremanteng said.

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He added that the move was not to discourage the local industry players, but to supplement their efforts in making Ghana an industrialised nation.

“Government is ready to partner the local industry to boost the various sectors including the automobile industry,” YEN.com.gh heard the Trade Minister say.

Meanwhile, the government has also finalised plans with VW to establish an assembling plant in Ghana, and a memorandum of understanding (MOU) has been signed to that effect.

This comes at a time some Ghanaians are complaining of severe hardship and the fast depreciation of the cedi.

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YEN.com.gh earlier reported that members of the Spare Parts Dealers Association were among those who had complained of hardship in the country. In an explosive interview, they accused President Akufo-Addo of deceiving them.

The association revealed that it donated an amount of GH₵200,000 towards Akufo-Addo’s 2016 campaign with the promise that he would make its business successful when he won power.

They said 18 months after winning, however, Akufo-Addo had not shown any interest in fulfilling any of the promises he made to them.

On the issue of the cedi depreciation, the NPP Member of Parliament for Assin Central, Kennedy Agyapong, has said the government is to blame for the free fall of the cedi.

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Source: YEN.com.gh