The Trade and Industry Minister, Alan Kyerematen says the government is ready to implement a ban on the importation of vehicles older than 10 years among other measures as part of efforts to create a competitive automotive industry while protecting Ghanaians from the dangers of old vehicles.
He made the comments at the launch of the new Ghana Automotive Development policy here in Accra.
According to the Minister, the Automotive Industry plays a strategic role in economic development in respect of employment creation, contribution to GDP, and building of industries like metals, glass, plastics, rubber and electronics.
He also pointed out the benefits to other areas such as vehicle financing, insurance, warehousing, automobile parts, after-market services, among others.
“The difference between what we did in the late 60s and now is the fact that we are now making sure that we have an Auto Policy. People have lost faith in governments, but I can tell you that if we don’t do anything at all, at least we can provide a framework and an environment for the private sector to succeed.”
Among the strategic objectives of the policy is the establishment of a competitive automotive industry, generation of highly-skilled, well-paid jobs (direct and indirect) in automotive assembly, the pursuit of import substitution and exports to improve the balance of payments and the improvement of road safety for all Ghanaian.
According to the Minister the vehicle assembly and the automotive industry is an important component of Government’s industrialization plan, and one of the new strategic anchor industries for Ghana’s transformation.