The President of the Republic, Nana Addo Dankwa Akufo-Addo, has welcomed the decision by German car manufacturing giant, Volkswagen, to establish a vehicle assembly plant in Ghana.
According to the President, an agreement between Volkswagen, the Government of Ghana, and a local Ghanaian company for the assembly, and, ultimately, the production of automobiles in Ghana has been reached, after a business meeting between officials from Ghana and a German business delegation.
The President disclosed this at a joint press briefing held as part of the official visit of the German Chancellor, Angela Merkel to Ghana, on Thursday, August 30, 2018, at the Jubilee House in Accra.
Addressing the press, which comprised the local and international media, President Akufo-Addo said, “there are so many areas that our bilateral relationship has offered us, but the key part of it for me is the emphasis on investment and trade corporation.”
He emphasized Ghana’s “determination to deal with the matters confronting our country such as youth employment, the desire of our youth to seek greener pastures elsewhere by improving the management of our national economy.”
President Akufo-Addo stressed that “The stronger the economy we have, the more opportunities it gives to the young people and obviously the pressure that will be on them to embark on those hazardous undertakings will be dealt with”.
He told the press that, “in so doing we’ve set for ourselves a vision of a Ghana Beyond Aid, a Ghana which will depend more and more on mobilizing its own internal resources to confront the issues of development that there are before us.”
In all of this, President Akufo-Addo indicated that “there are a lot of opportunities here, and we are hoping that this business delegation that you have brought with you will see the opportunities that there are in several of the flagship programmes of our government, the One-District-One-Factory, the industrial parks that we are determined to create.”
President Akufo-Addo also assured Chancellor Merkel of Ghana’s continued corporation with the international community on issues bothering illegal migration.
On the threat of terrorism, President Akufo-Addo thanked Chancellor Merkel and Germany for the assistance towards fighting this threat and the jihadist menace.
“Within our modest means, we will continue to play our effective role, because clearly it is in our interest to do so. It is in our interest to contribute to ridding the region of these instruments of destabilization and destruction,” he assured.
Source: Peacefmonline.com/Ghana
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For me not until Kantata grows we shouldnt entertain this VW company. This man has struggled all this year to come this far. At least let Kantata have groundings before allowing VW to set in. The government should make effort to promote Kantata Cars to be sold in the neibouring countries.
We should look at promoting Kantata cars. The government should urge the ministries to purchase at least 2 cars each every year as well as public services organisations. Let's promote domestication. No matter how bad it is we should patronise Kantata first.
So we have shallow minds as leaders in Ghana, No clue about what is going on. Mtweeeeeeeew Will Germany allow Ghanaian companies like Kantanka to produce over there when they have made in German cars. Africa must wake up.
This is why Africa will never grow. I am so disapointed in Nana Addo. When Kantanka started making commercial cars, all of a sudden, VW is interested in opening a car factory in Ghana. Think of it, these people see that 100 years from now we will be using made in Ghana cars, so they have to stop Kantanka now by bullying this start up company out of business and Nana Addo is happy smiling with no clue what is going on. How many of Kantanka Cars are in government vehicles, and he says we should use made in Ghana produce. SMH Africa must wake up.
Great News, Other makes like Toyota and Hyundai should follow.
Oooh Ghanaians, go to south africa and see nissan, toyota etc are all there, so you want us to stay in a b c without going forward, I am paying for one kantanka cars that is what i prefair. may be you prefair vw its your choice. please think well before comment.
That is exciting! VW could supply the whole west Africa and create many employment opportunities for Ghanaians.
Are they coming in to compete with KANTANKA or to partner with KANTANKA to grow ? You promised made in GHANA not ASSEMBLE in GHANA.
Are they coming in to compete with KANTANKA or to partner with KANTANKA to grow ? You promised made in GHANA not ASSEBLE in GHANA.
What a hypocrite!!! Impose duty charges on locally manufactured Katanka vehicles and bring in VW with tax incentives.