This is Why Ghana's Auto Industry Is Operating at Just 4% Capacity! | Point of View
#GhanaAutoIndustry #MidYearBudget #VAT #PointOfView Can Ghana become West Africa's automotive hub? On this edition of Point of View, leaders of the Automobile Assemblers Association of Ghana (AAAG), including Jeffrey Peprah, CEO of Volkswagen Ghana and AAAG President, and Damola Adelabu, Country Lead of CFAO Mobility Ghana, explain why the country's vehicle assembly industry is operating at less than 4% of its installed capacity despite being able to assemble more than 140,000 vehicles annually. The discussion focuses on the industry's appeal to the government ahead of the 2026 Mid-Year Budget, particularly the call to restore the 20% VAT waiver on locally assembled vehicles. The guests argue that the incentive helped make new vehicles more affordable, boosted local production, created jobs, and strengthened Ghana's competitiveness against imported used vehicles. They also discuss the implementation of the Ghana Automotive Development Policy, investment opportunities, local manufacturing, technology transfer, and what government support is needed to unlock the sector's full potential.
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