Government committed to revamp the Automobile Industry
The Minister for Trade, Industry, and Agribusiness, Hon. Elizabeth
Ofosu-Adjare, visited the Zonda-Tech Ghana Limited assembly plant in Tema. The
visit aimed to familiarize herself with the company's operations and to engage
with CEO Yang Yang on strategies to further enhance the local automotive
industry.
During her visit, Hon. Ofosu-Adjare commended Zonda-Tech for its significant
contributions to Ghana's industrialization, particularly in the heavy-duty
vehicle sector.
She emphasized the importance of investing in the development
of local technicians through overseas training programs and advocated for the
sourcing of local components to bolster the domestic supply chain.
According to
the Minister, such initiatives would not only strengthen the company's
competitiveness but also position Zonda-Tech to capitalize on opportunities
within the African Continental Free Trade Area (AfCFTA) by meeting the
necessary rules of origin requirements.
CEO Yang Yang expressed appreciation for the Minister's support and
reiterated the company's commitment to enhancing its operations in Ghana.
She
highlighted the establishment of a training center aimed at equipping Ghanaian
engineers and technicians with the requisite skills in vehicle assembly and
maintenance. Yang Yang also noted the company's efforts to integrate local
content into its production processes, aligning with the government's
objectives to promote local manufacturing and reduce import dependency.
The visit underscores the government's commitment to fostering a conducive
environment for the growth of the automotive sector in Ghana. By encouraging
investments in human capital development and local sourcing, the Ministry aims
to build a robust and self-sustaining automotive industry that can effectively
participate in regional trade agreements like the AfCFTA.
In conclusion, Hon. Ofosu-Adjare's visit to Zonda-Tech Ghana Limited
reflects a strategic approach to industrial development, focusing on capacity
building and local content utilization. Such engagements are pivotal in driving
the nation's agenda of industrialization and economic integration within the
African continent.
