Automobile manufacturer, Renault, has expressed interest in establishing an automobile assembly plant in Ghana.
This was revealed by Vice President and Chairman of the Africa-Middle-East-India (AMI) Region at Renault, Fabrice Cambolive.
Speaking during a visit to the Jubilee House on Monday, January 28,2019 Mr. Cambolive said Renault will be delighted to assemble its products in Ghana.
"…for us, we are now to see if our capacity to bring our products to this country are marching with your policy and, if it is okay, we will be delighted to do that,” he said.
“I have noticed a lot of values in the country, and they are very important to us. I hope that we will be able to concretize it in a really hard project, not a short-term project, but a long-term project, and if everything is matching, we will come back to you as soon as possible."
President Akufo-Addo welcomed that idea, insisting Ghana is the most ideal country in West Africa to establish an assembly base.
According to him, Ghana has risen to become the second largest economy in West Africa and that makes the country well-positioned for business.
"We are the second largest economy in West Africa. So, there are lots and lots of reasons why Ghana is a well-positioned place for you,” the President said.
“We are looking upon ourselves as the gateway to West Africa, to a market of some 350 million people, which is scheduled to go up to 500 million people by the year 2030. So, we think that it will be a good place for you to make it,” he added.
Renault will become the fourth global car manufacturer to establish an automobile assembly plant in Ghana if the move materialises.
This follows agreements signed between the West African country and Volkswagen, Nissan and Sinotruk to establish assembly plants this year.
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