President Nana Akufo-Addo has commissioned a Toyota assembly plant in Ghana.
The commissioning marks the deal sealed by the West African country with Toyota back in 2019.
Akufo-Addo commissioned the factory on Tuesday in the Toyota Tsusho Manufacturing Company Limited at Freezones Enclave, Tema.
The country has recently been described as attractive by multinational companies with Twitter being among the recent companies to invest in its market.
The Ghanian President had pledged to make the country an automotive hub in the region.
While marking the event, Akufo-Addo said his “Government attaches great importance to the development of the automobile industry in Ghana.
“By assembling and ultimately producing cars in Ghana, the importation of second hand used cars in Ghana will be reduced and at the same time, the export of made in Ghana cars to other African markets will earn our nation the much needed foreign exchange.”
For Alan Kyerematen, Ghana’s Minister for Trade and Industry, inauguration of the Toyota plant was a giant stride towards advancing the country’s automobile industry.
Kyerematen, “In Africa, we import millions of dollars of cars. I’m very confident that with what we’re doing here, very soon, we will see made-in-Ghana cars all around Africa.
“The industry will create highly skilled jobs and promote training opportunities for the youth of our country. It will also have a multiplying effect by stimulating the growth of other sectors of our economy.”