ACCRA, Ghana – Including to its observe document of investing in Africa, Nissan has dedicated to working with the federal government of Ghana to determine an automotive manufacturing business within the nation. The corporate may even make Ghana its hub for gross sales and advertising and marketing in West Africa.
The bulletins had been made right this moment in Accra, the place Alan Kyerematen, Ghana's minister of commerce and business, and Mike Whitfield, managing director of Nissan Group of Africa, signed a memorandum of understanding.
Nissan goals to be the primary carmaker to assemble autos in Ghana, constructing on its market management within the nation. Nissan fashions accounted for 32.eight% of auto gross sales in Ghana final 12 months. The corporate's vehicles, pickups and SUVs are bought by means of a nationwide community of six gross sales and repair shops.
"Nissan is the preferred auto model in Ghana as a result of the standard of our services and products has received the belief of our prospects," stated Whitfield. "We wish to construct on our management by supporting the federal government to create the setting for a profitable automotive manufacturing business within the nation. Constructing autos in Ghana will allow us to additional enhance the services and products we provide to our prospects right here and can have important, long-term advantages for the financial system by way of jobs and progress."
The memorandum seeks to unlock financial potential, promote improvement of the automotive sector and promote investor-friendly regulatory frameworks that encourage sustainable automobile manufacturing. The intention is to advertise infrastructure improvement, job creation and expertise improvement in Ghana.
Kyerematen praised Nissan's dedication to Ghana, saying: "We welcome this MOU and commit ourselves in flip to working with Nissan to create the mandatory setting for the extent of funding that may make Ghana's automotive sector a actuality."
On his half, the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, stated: "We welcome Nissan, one of many nice vehicle manufacturing firms on the planet, to our nation. We guarantee them of the complete co-operation of the Authorities and other people of Ghana to make their funding a hit for each them and us."
Industrywide car gross sales in Ghana have been rising steadily at an annual fee of about 10% and now stand at about 9,150 autos a 12 months.
Working carefully with the federal government of Ghana and with different members of the African Affiliation of Automotive Producers, Nissan will present its international experience to determine a sustainable auto manufacturing business within the nation.
The settlement builds on Nissan's funding in Nigeria the place, in 2013, the corporate turned the primary main automaker to assemble vehicles.
"Establishing a long-term automotive industrial improvement coverage will give traders additional confidence in Ghana," stated Whitfield. "Correctly administered automotive improvement insurance policies can result in structural financial change in a short while. We have seen this taking place with our crops in South Africa and Nigeria."
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