Chancellor of Germany, Angela Merkel has revealed that automobile giants Volkswagen will establish a car assembling plant in Ghana soon.
This was disclosed at a joint press conference between her and President Akufo-Addo of Ghana in Accra on Thursday.
[ads1]Speaking at the briefing, the President said an agreement has been reached between Volkswagen, the Government of Ghana, and a local Ghanaian company for the assembly and production of automobiles in Ghana.
The President welcomed the move by Volkswagen, explaining that the agreement was reached following a business meeting between officials from Ghana and a German business delegation.
Akufo-Addo said, “There are so many areas that our bilateral relationship has offered us, but the key part of it for me is the emphasis on investment and trade corporation”.
President Akufo-Addo further indicated that the agreement between government and Volkswagen emboldens the “vision of a Ghana Beyond Aid, a Ghana which will depend more and more on mobilizing its own internal resources to confront the issues of development that there are before us.”
Ghana will become just the second African country after Rwanda to have a vehicle assembly plant established by Volkswagen.
“The stronger the economy we have, the more opportunities it gives to the young people and obviously the pressure that will be on them to embark on those hazardous undertakings will be dealt with,” the President added.
