In 2018, the government of Ghana signed a Memorandum of Understanding (MoU) with German automaker, Volkswagen, to begin the process of establishing an assembling plant in the country to serve the West African sub-regional market.
The MoU was signed when Chancellor Angela Merkel visited Ghana in August 2018.
The assembling plant is expected to produce about 5,000 units of vehicles every year with plans to increase production depending on the market demand.
The first phase of local assembling of cars by Volkswagen started in Accra between March and April, 2020.
Some of the cars have already being assembled.
This is a great achievement for Ghana and President Akufo-Addo, today, July 15, 2020, made a post on social media indicating that he has fulfilled a promise he made to Ghanaians.
“We created the enabling environment for Volkswagen Group to be able to assemble its vehicles in Ghana. Today, affordable VW vehicles are assembled right here in Ghana. A promise made, a promised fulfilled,” he wrote.
This post by President Akufo-Addo has generated a lot of reactions. Some are happy, some are not and others are worried about the price of the car.
Ghanaians who are impressed with the work of the President congratulated him for ensuring that this initiative was executed.
However, not every Ghanaian is impressed with President Akufo-Addo’s policies. Other’s criticised him for promoting foreign automakers, while ignoring local car manufacturing company, Kantanka.
They called on him to also support Kantanka so that they can also enhance the production of cars in the country.
Others stated that the President should not be blamed for Kantanka’s inability to produce cars on a large scale.
They indicated that the government supported the local automaker by granting it a 10-year tax holiday, and Kantanka failed to make good use of the tax holiday.
For others, they are concerned about the prices of the cars. According to the President’s post, some of the cars cost GHC87,000 and GHC58,000.
They stated that the cars are too expensive.
Here are more reactions to the President’s post:
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