Ghana To Lead The Establishment Of Four Assembly Plants By 2022

Two Automobile Giants Hyundai and Kia have announced plans to set up assembly plants in Ghana a few weeks after Twitter opened its office in the country.

The automobile giants will join Toyota-Suzuki, Nissan, Kantanka, Volkswagen, and Sinotruck who already have plants in Ghana.

This follows the Ghana Automotive Development Programme which is being led by the Ghanaian government and some global players.

“By the end of 2022, the Ghana Automotive Development Programme will lead to the establishment of four assembly plants; there will be some leading global auto manufacturing companies including Toyota-Suzuki, Nissan, Kia, and Hyundai in addition to the current vehicle assembly operations of Kantanka Automobile Limited, Volkswagen and Sinotruck” Ghana’s Minister for Trade and Industry, Alan Kyerematen announced.

He took to Twitter that the setup will lead to 3,600 assemblies and 6,600 manufacturing parts jobs in Ghana.

“The local assembly of vehicles, 3,600 direct and indirect jobs would be created in Ghana, and the addition of components and parts manufacturing will also add about 6,600 direct and indirect jobs.”

More foreign companies are shunning Nigeria in favor of Ghana. Following its move to Ghana, Twitter CEO, Jack Dorsey cited several human rights-related reasons for the choice of Ghana over Nigeria. Added to this are rising insecurity, stifling government regulations, and the gapping infrastructural deficit bedeviling Nigeria.