• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, December 19, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Government will develop industrial enclave for automotive manufacturing- Alan Kyeremanten

M.Cby M.C
November 19, 2020
Reading Time: 3 mins read
According to him, the full implementation of Ghana’s Automotive Development Policy will principally lead to an increase in demand for brand-new vehicles, a development which carmakers with assembling plants in the country will welcome.

The Trade and Industry Minister, Alan Kyeremanten, has conveyed government’s resolve to develop a framework which will advertently boost automotive and component manufacturing within the country.

 Speaking at the launch of Japan Motors new Nissan assembling plant in the country, he posited that, albeit government cannot impose the siting of facilities on investor, government will readily play their parts and collaboratively work with them.

“You cannot dictate to investors where they site their facilities in this industry, but we know that the global practice has been that government also provides industrial lands, industrial space, and enclaves that allow manufacturers and investors to cluster so that they can reinforce each other’s production of vehicles and parts”.

 “And so as part of this framework, we are going to develop a major industrial enclave for automotive manufacturing and then also for component manufacturing.”

As part of efforts to advance Ghana’s automotive industry to serve both native and the African market, the General Manager responsible of Sales and Marketing at Japan Motors, Amine Kabarra, on his part, extensively addressed the issue of pricing, noting that it will largely be informed by policies drawn by government.

RelatedPosts

Ghana-Made Goods Head to West Africa as Export-Led Economy Takes Shape

Importers and Exporters Raise Red Flag Over Proposed AI System at Ghana’s Ports

Lucky Users Win Huge Cash in Grand MoMo ‘Me Nsa Aka’ Promo Climax

“In terms of pricing, I think obviously, it would be impacted by the general automotive policy that the government is intending to implement so all new cars that will be imported directly from other factories around the world will be treated with high duty else those who are imported to be built locally here will have a lot of reductions and even zero taxes on them.”

Vowing to donate the first assembled Nissan pick-up to the Kwame Nkrumah University of Science and Technology, to support practical education, the Managing Director of Japan Motors, Salem Kalmoni, lauded them for their recent ranking in Africa.

“To show our commitment to cooperate and support technical education, and given this auspicious occasion, I am pleased to announce that Japan Motors and Nissan will be donating the first assembled Nissan pick-up to the premier Science and Technology University in Ghana, KNUST. We would like to congratulate them on being recently ranked as first university in Ghana and 12th in Africa. We will be donating this pick-up to their Mechanical Engineering department with the proviso that the vehicle be used for learning and training purposes only, and not as transport”.

President of the Republic, Nana Addo Dankwa Akufo-Addo, this year, unveiled the first Volkswagen vehicle to be assembled in Ghana, following the establishment of the VW assembly plant in Ghana.

At the unveiling ceremony, held at the Kempinski Hotel, President Akufo-Addo expressed his delight at the decision taken by Volkswagen “to assemble a number of its brands right here in Ghana, not only for domestic use but also for the West African market”.

ADVERTISEMENT

According to President Akufo-Addo, there were many who expressed misgivings about the feasibility of such an assembly plant being established in Ghana.

“Two years on, we have confounded the doubting Thomases, and I am happy to be here this morning to launch, officially, the first Volkswagen vehicle that has been assembled in our country. It is a good day for Mother Ghana”.

The President assured Volkswagen Ghana of Government’s continued support to the company in diverse ways to ensure the sustainability and profitability of this venture in Ghana.

Tags: Assembly plantsautomobile industrymanufacturingTrade and Industry Ministry
Share4Tweet2Share1SendSend
Please login to join discussion
Previous Post

Mahama Resumes Ashanti Regional Tour Tomorrow

Next Post

Suspected Assassins Drive Into Convoy Of NDC Candidate, Two Injured

Related Posts

Ghana-Made Goods Head to West Africa as Export-Led Economy Takes Shape
Vaultz Business

Ghana-Made Goods Head to West Africa as Export-Led Economy Takes Shape

December 19, 2025
Importers and Exporters Raise Red Flag Over Proposed AI System at Ghana’s Ports
Vaultz Business

Importers and Exporters Raise Red Flag Over Proposed AI System at Ghana’s Ports

December 18, 2025
Lucky Users received their Cash Prize at the MoMo Me Nsa Aka Promo Climax
Vaultz Business

Lucky Users Win Huge Cash in Grand MoMo ‘Me Nsa Aka’ Promo Climax

December 17, 2025
GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness
Vaultz Business

GIPC Chief Unveils Government’s 2026 Growth Agenda, Signals Major Opportunities in Infrastructure and Agribusiness

December 17, 2025
CEO of MobileMoney LTD presenting the award for Regulator of the Year to the Bank of Ghana
Vaultz Business

Fintech Innovators and Service Providers Celebrated at MobileMoney LTD Stakeholder Dinner and Awards

December 17, 2025
Mobile Money Transactions in Ghana Cross GH¢3 Trillion as Digital Payments Deepen
Vaultz Business

Mobile Money Transactions in Ghana Cross GH¢3 Trillion as Digital Payments Deepen

December 15, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Entertainment

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

by M.CDecember 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance
Economy

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

by Michael Teye-Bio NaduteyDecember 19, 2025
Extractives/Energy

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

by Prince AgyapongDecember 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Economy

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

by M.CDecember 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Asia

Syria Lauds Final Repeal Of US Sanctions

by Comfort AmpomaaDecember 19, 2025
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments
Agribusiness

Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

by M.CDecember 19, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Dr. Cassiel Ato Forson, Minister of Finance
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

Recent News

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

December 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

December 19, 2025
Goldfields story

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

December 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

December 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria

Syria Lauds Final Repeal Of US Sanctions

December 19, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address