Automobile giants, Hyundai and KIA are set to establish assembly plants in Ghana, a move that comes less than a month after social media firm, Twitter announced that its African base will be located in the country.

Ghana’s Minister for Trade and Industry, Alan Kyerematen announced this on Thursday, noting that the plants will be ready by the end of 2022.

The move is a product of the Ghana Automotive Development Programme orchestrated by the Ghanaian government in partnership with some players in the industry, a development Kyerematen noted will see other automobile firms setting up assembly plants in the country.

“Pleased to announce that Hyundai & KIA are set to establish assembly plants in Ghana by the end of 2022 to join Toyota-Suzuki, Nissan, Kantanka, Volkswagen & Sinotruck,” the minister tweeted on his official handle. “The Ghana Auto Development programme = 3,600 assembly & 6,600 manufacturing parts jobs in Ghana.”

Earlier in the day, the Trade and Industry Ministry signed a deal with the ‘Invest for Jobs’ (an initiative of the German Federal Ministry for Economic Cooperation and Development) to promote Ghana’s automotive industry and back the building of industrial parks.

The event which was co-hosted by the German Ambassador to Ghana, Christoph Retzlaff and Kyerematen, signalled the cooperation between both nations.

“For the purpose of this cooperation with the Ministry, an amount of 540,000 Euros is being invested – through a financing agreement, to support industrial park development and to establish an Automotive Desk at the Ministry,” the ministry posted on its official Facebook page.

It added that through “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.”


https://www.channelstv.com/2021/04/22/automobile-giants-hyundai-kia-to-establish-assembly-plants-in-ghana/amp/?fbclid=IwAR1REEDcetxPZsH_rCi1dJ_XS-9lJkoyvRkE4747h7eB1XBMfkp6DwyPmNU

Ghana......small giant of africa

[img]https://media1./images/50ece686047795b20069ac747c596665/tenor.gif?itemid=21110143[/img]

them dey Nigeria already now so why the hype naw

that is good

Hmm dats what you get when out of spit you vote in a total clueless failure of a political party dat had zero plans other than just to get into power.


Shame shame shame shaaammeee ��

Ghana is enjoying what Nigeria got between 2010-2014.

The FDI was so great that Lagos and Ogun indigenes were busy spiting the rest of us and the PDP on the investments they were getting.

They forgot that Federal policy drives foreign investments, when they were busy voting for the APC.

Well, they should go and get those foreign investments from Ghana.

It's veryyyyyyyy difficult to build and easy to destroy. I only pity Buhari's successor because this old man has finished the country. Buhari has left a terrible precedent. I thought that the old man would even step down for Osinbajo the moment they won the 2019 elections. I'm just wondering how Nigeria will recover all it has lost in terms of FDIs.

It's only in Nigeria that you see people who are privileged to serve in government without plans to improve things. They just want to occupy the office, enjoy ac and private cars, loot and flex life. This country is not making any fvcking progress!

Good news for IVM motors

Lets go there

Enough is a enough, we can't take it anymore, we no go gree. Nigeria is the largest consumable market in Africa. Nigeria foreign affair ministry will invite this companies country of origin ambassadors, they have some explaining to do. SMH! Lip service, that's the highest action our government can take.

thanks to endsarz. na everybody go hear am . hausa, Yoruba , Igbo, all go suffer am . he no concern buhari Las Las waillers go soon come.

Let the tears begin... Lying Mohammed, come and look for ENDSARS protesters again to blame for 'de-marketing' Nigeria!

thanks to endsarz.
na everybody go hear am .
hausa, Yoruba , Igbo, all go suffer am . he no concern buhari Las Las
waillers go soon come.