Image

Nissan to establish assembling plant in Ghana

Japanese car maker, Nissan Motor Co. Ltd is in discussions with the government of Ghana to establish an assembly plant in the country.

The company has expressed interest in helping the county to develop its automobile industry through the initiative.

Minister of Trade and Industry, Alan Kyeremanteng disclosed at the Ghana Industrial Summit and Exhibition in Accra,that many agreements have been reached and will soon have Nissan in the country.

“We have added the automobile industry into our key initiatives to move the industrial transformation of this country but people were doubting. I tell you we have received a massive response from the private sector after we send the strong signal of industrializing the economy” Mr Kyeremanteng said.

He added, “look at the kind of proposals we are getting from big international companies when we kick-started the agenda, VW has already signed the MOU and the latest to join is Nissan far advanced with discussion to establish in Ghana.”

According to the Minister, ‘Ghana beyond aid agenda’ will survive with the support of the private sector – local and foreign.

He, therefore, used the opportunity to invite more private sector players to join the government in making Ghana an industrialized nation.

The Summit under the theme, ‘International partnerships for value-added industrial and local content development’ is an annual event organized by the Association of Ghana Industries, AGI.

President of AGI, Dr Yaw Adu Gyamfi called on the government to develop a national strategy for raw materials to feed the companies to be created out of the one district one factory initiative.

Related Posts

Agboola advocates stronger cross-border infrastructure

Flutterwave CEO and Founder, Olugbenga “GB” Agboola , has called for accelerated investment in Africa’s cross-border payment infrastructure…

Munga increases stake in Equity Group by over $1.2m

Equity Group founder, Peter Munga, has made a strong return to the lender’s shareholder register, purchasing 3.64 million…

Nigerian Breweries gains N383bn revenue in Q1 2025

Nigerian Breweries Plc (NB) has posted a strong financial turnaround, recording a 69 per cent increase in net…

IHS Brazil expands Amazon coffee initiative

IHS Brazil has planted approximately 20,000 new seedlings across 10 hectares as part of its ongoing support for…

Maersk expands West Africa footprint with Senegal facility

In a bold move to strengthen its logistics footprint across West Africa, global shipping and logistics giant Maersk…

Ogunlesi leads BlackRock’s takeover of key Panama Canal ports

Nigerian mogul and the Founding Partner, Chairman, and Chief Executive Officer of Global Infrastructure Partners (GIP), Adebayo Ogunlesi,…

Kenya:Britam profit jumps 53.5% for fourth straight year

Britam Holdings posted a 53.5 percent jump in net profit to a record Sh5.03 billion ( over $38.9…

Access Bank supports Green Africa aircraft acquisition

Access Bank has reinforced its commitment to supporting emerging businesses by providing a Naira debt facility to Green…

FirstBank earmarks N1trn SME funding

FirstBank has announced its commitment to disbursing over N1 trillion in funding to support the growth of small…

Leave a Reply

Your email address will not be published. Required fields are marked *