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19.02.2009 Business & Finance

Gov't to partner Auto manufacturers to set up vehicles assemble plant

By Masahudu Ankiilu Kunateh - Ghanaian Chronicle

The government is collaborating with Modern Auto Services Limited and Silver Star Auto Limited to partner vehicle manufacturers in Asia to establish an assemble plant to assemble wide range of vehicles in the country.

This would give real meaning and demonstrate a genuine transfer of technology in Ghana, to further strengthen the south-south co-operation.

The establishment of the assemble plant sits well with the vision of government to create job opportunities to Ghanaians as enshrined in the government's strategic development programme.

The new Minister of Transport Mr. Mike Hamma, disclosed this at this in a speech read for him at the launch of Foton Range of vehicles in Accra. He added that the government is also determined to make the country a transport hub in the West African sub-region, stressing that it is the desire of the government to provide the necessary enabling environment for both local and foreign entrepreneurs to enable them contribute their quota to the socio-economic development of the country.

The acting Managing Director of the Modern Auto Services, Mr. Abdul Somad Musah indicated that the recent shift in the world economic dominance from the West to East has generated a rush by most investors in the developed economies like Britain and USA, among others, to focus their attention on the Chinese market in many aspects of businesses.

Touching on the Foton range of vehicles, he explained that Foton vehicles have been built to meet the rough and rugged terrains. They have been equipped with fuel efficient engines, tough and robust body, rigid suspension and safety features.

The vehicles also come in various forms which are affordable, quality, durable and convenient. These are essential ingredients in the automobile shopping list for a potential customer in Ghana, Mr. Musah emphasized.

The Chief Executive Officer of the Silver Star Auto Ltd, Mr. Nouhad Kalmoni believed that the dominance of China as a world economic giant in the 21St century would bring good returns to customers' investment in the Foton vehicles.

Mr. Kevin Gao, The Deputy Manager of Foton Light-Duty Company that Foton is one of China's largest producers in the commercial vehicle industry and acquires its technologies through joint ventures with the best know manufacturers in Europe and Japan.