President Nana Addo Dankwa Akufo-Addo has disclosed that German car manufacturing giant, Volkswagen will commence production of by the end of April 2020 in Ghana.
Delivering his State of The Nation Address on Thursday, February 20, 2020, President Akufo-Addo added that the Japanese multinational automotive manufacturer, Toyota is also scheduled to start the assembly of vehicles in Tema in the last quarter of this year.
“VW is building its plant at the North Industrial Area in Accra, and is due to start production by the end of April,” he said.
“Sinotruk has begun assembling its trucks. Toyota is scheduled to start the assembly of vehicles in Tema in the last quarter of this year. We have high hopes for this new industry, which has come to join our own Kantanka.”
Having launched the Ghana Automotive Development Policy in August last year, the President told Parliament that it has so far attracted investments and commercial interests from some very big players, including Toyota, Volkswagen, Nissan, Renault, Hyundai, Sinotruk and Suzuki.
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