HomeGeneral NewsJapan Motors launches Nissan assembling plant in Ghana – Citi Enterprise Information

Japan Motors launches Nissan assembling plant in Ghana – Citi Enterprise Information

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As a part of efforts to develop Ghana’s automotive trade to serve each native and the African market, Japan Motors has arrange a Nissan assembling plant within the nation.

In accordance with stakeholders within the trade, the plant will promote abilities improvement and job creation in Ghana.

The Managing Director of Japan Motors, Salem Kalmoni, on the launch of the mission, promised to donate the primary assembled Nissan pick-up to the Kwame Nkrumah College of Science and Know-how, to assist technical schooling.

“To point out our dedication to cooperate and assist technical schooling, and given this auspicious event, I’m happy to announce that Japan Motors and Nissan can be donating the primary assembled Nissan pick-up to the premier Science and Know-how College in Ghana, KNUST. We want to congratulate them on being not too long ago ranked as first college in Ghana and twelfth in Africa. We can be donating this pick-up to their Mechanical Engineering division with the proviso that the automobile be used for studying and coaching functions solely, and never as transport,” he introduced.

The Commerce Minister, Alan Kyerematen, says authorities is about to develop industrial enclaves which can enhance manufacturing for the trade.

“You can’t dictate to traders the place they web site their amenities on this trade, however we all know that the worldwide observe has been that authorities additionally supplies industrial lands, industrial house, and enclaves that enable producers and traders to cluster in order that they’ll reinforce one another’s manufacturing of autos and components.”

He continued, “And in order a part of this framework, we’re going to develop a significant industrial enclave for automotive manufacturing after which additionally for element manufacturing.”

The Basic Supervisor in command of Gross sales and Advertising at Japan Motors, Amine Kabarra, spoke about how the pricing of the vehicles could be decided.

“By way of pricing, I believe clearly, it will be impacted by the final automotive coverage that the federal government is aspiring to implement so all new vehicles that can be imported immediately from different factories world wide can be handled with excessive responsibility else those that are imported to be constructed regionally right here could have loads of reductions and even zero taxes on them.”

The automotive trade

In March this yr, authorities made a powerful case for the passage of a regulation that may formally lay the platform for Ghana’s automotive trade.

This was completed by means of an modification to the Customs Act, 2015 (Act 891), which supplies some incentives to Ghanaian automotive producers by means of the Ghana Automotive Business Coverage. It additionally locations a ban on salvage vehicles and second-hand vehicles of no more than ten years outdated.

In accordance with authorities, the transfer is geared toward making Ghana the hub for Automotive Business within the West African sub-region.

Already, Toyota and Suzuki have formally dedicated to arrange automotive assembling crops in Ghana. This was after Nissan and Sinotruk additionally expressed an curiosity in Ghana, with Volkswagen already launching some regionally made vehicles.

At present, Ghana has three assembling crops, Volkswagen, Kantanka and the newest mission by Japan Motors to assemble Nissan autos.

Ghana had earlier signed a Memorandum of Understanding with Nissan Group of Africa for the institution of automotive manufacturing trade in Ghana, which can make Ghana the hub for gross sales and advertising and marketing of Nissan in West Africa.

President Akufo-Addo, after the signing of the MoU, stated the automobile meeting plant will grow to be operational in 2019. However the mission was lastly launched on Wednesday, November 18, 2020.

The brand new Nissan assembling plant, which can be commissioned within the third quarter of 2021, will act as a catalyst for additional industrialization and employment creation.

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