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in Wheels

Automotive Assemblers Association of Ghana Hosts Maiden Ghana Automotive Summit

Maynard Championby Maynard Champion
June 6, 2023
Reading Time: 3 mins read
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Automobile Assemblers Association of Ghana (AAAG) has scheduled to host a maiden edition of the Ghana Automotive Summit on June 27, 2023, at the Accra International Conference Centre Grand Arena.

The Summit which Is on the theme: “Creating A New Economic Backbone for Ghana and The Sub-Region,” will present the opportunity for leading experts and industry professionals in the sector to discuss the latest trends, challenges, and opportunities in the automobile industry.

A statement issued in Accra said the summit would concurrently run along an exhibition of over 20 vehicle models locally assembled in Ghana by the members of the AAAG.

The statement Indicated that the event would attract representatives from across the breadth of the industry, including vehicle manufacturers, component manufacturers, engineers, government, the financial sector, insurance, global organisations.

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The panel discussions will address the key areas of focus for the automotive industry including sustainability, competitiveness, standards, the creation of a locally used car market, component manufacturing, retail, auto financing, and insurance, amongst others.

The Speakers of the Program

Speakers will include Senior Executives from vehicle manufacturers, policymakers, and a host of content experts from automotive and aligned industries.

Meanwhile, the summit will be supported by AfCFTA Secretariat, Ghana Investment Promotion Centre, and the Ministry of Trade and Industry.

Mr Jeffery Oppong Peprah, AAAG President expressed his excitement over the scheduled summit and highlighted the benefits it will offer to the industry.

“We are delighted to host this maiden summit, which will explore the future of the automobile industry and the technologies and innovations that will shape it.”

Mr Jeffery Oppong Peprah

Mr Jeffery Oppong Peprah noted that it would also provide them the opportunity as a country to discuss the issues and opportunities impacting businesses and the automobile industry.

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The AAAG membership include Volkswagen Ghana, Japan Motors, Rana Motors, Kantanka Automobile, Silverstar Ghana, and Stallion Group Toyota-Tsusho Company. Associate members are Toyota Ghana and CFAO Motors Ghana.

Meanwhile, government has expressed it’s seriousness and determination to make Ghana an automobile manufacturing hub in West Africa, and charged the Council to lead the design and implementation of strategic policies to achieve that goal.

As part of its commitment, it disclosed that it will roll out a Vehicle Financing Scheme. This idea is apt, because all over the world, people do not buy cars with cash as it is done in Ghana; it Is mostly through vehicle financing scheme.

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READ ALSO: Ecobank Unveils New Trade Hub to Connect Intra-Africa Traders to 1.4 People Single Market

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