Volkswagen is expanding its footprint in Africa with the official opening of a new assembly facility in Accra, Ghana — the second largest producer of Cocoa the world.
File Photo. L-R: Thomas Schaefer (former Head of Volkswagen Group South Africa) and Alan John Kyerematen (Minister of Trade and Industry); Angela Merkel in the background.
The Memorandum of Understanding (MoU) for the same was signed with the Government of Ghana in the presence of the German Chancellor, Angela Merkel, nearly two years ago.
Universal Motors Limited — a licensed Volkswagen importer since 2005, has been awarded the assembly contract for the initial phase of the project. The new facility will have an initial capacity of 5,000 units per annum.
The first vehicle to be assembled using Semi Knocked Down (SKD) kits is the Tiguan, followed by Teramont, Passat, Polo and Amarok at a later date.
The Government of Ghana has also announced a new automotive industry policy called Ghana Automotive Development Policy (GADP), which is part of the country’s industrial transformation agenda.
Volkswagen has also announced the establishment of Volkswagen Ghana, which will be the first automotive company to be registered under GADP. Volkswagen Ghana is a 100% subsidiary of Volkswagen. It will be responsible for importing the SKD kits and Fully Built Units (FBU). Jeffrey J. Oppong Peprah has been appointed as the CEO of Volkswagen Ghana.
Recommended for you
Leave a Reply
Note: Comments that are unrelated to the post above get automatically filtered into the trash bin.
