Minister of Trade, Elizabeth Ofosu-Agyare (Right) and MD of Zonda Tec Ghana, Madama Yang Yang (Left)
The government has reaffirmed its commitment to strengthening the nation’s automotive sector, with a particular emphasis on supporting companies to provide jobs for Ghanaians.
This was highlighted by the Minister of Trade, Agribusiness, and Industry, Elizabeth Ofosu-Agyare, during a visit to the premises of car manufacturer Zonda Tec Ghana Limited on May 22, 2024.
Ofosu-Agyare further highlighted plans to attract increased Chinese investment, aiming to bolster industrial growth and job creation.
“We want to create giants in the auto industry so that they can employ more. Now they’re employing 500 Ghanaians. We want them to double it, triple it,” Ofosu-Agyare stated.
She also mentioned ongoing discussions with the Chinese firm about integrating into the government’s proposed 24-hour economy, which would involve three shifts per job to maximize productivity.
“They’re also interested in plugging into the 24-hour economy. Three shifts, three workers, one job. So if they are tripling what they are doing right now, we can only guess what will happen here,” she added.
Acknowledging that the current automotive policy does not encompass the heavy-duty trucks produced by Zonda Tec, the minister announced a policy review to include such vehicles.
“Their auto policy does not cover the big trucks that they do. So we are reviewing the auto policy to include what they do,” she explained.
These initiatives align with Ghana’s industrialization strategy and aim to foster technology transfer and local expertise development.
In support of these developments, Minister Ofosu-Agyare announced plans to travel to China, under the President’s directive, to engage with Zonda Tec and other Chinese companies.
“We want to go to China and bring more people to invest in the auto sector and other subsectors of the economy,” she said.
These concerted efforts underscore the government’s dedication to transforming Ghana into a hub for automotive excellence, enhancing local manufacturing capabilities, and creating sustainable employment opportunities.
Meanwhile, the Managing Director of Zonda Tec, Yang Yang, expressed gratitude for the government’s continued support of Ghana’s automobile development policy, which aims to boost local vehicle assembly and industrial growth.
The government has reiterated its support for Ghana’s automotive industry, with a focus on enabling companies like Zonda Tec Ghana Limited to thrive. Trade Minister Elizabeth Ofosu-Agyare emphasized plans to attract increased Chinese investment, while Zonda Tec’s MD Yang Yang… pic.twitter.com/yafxK8yp97
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