The Chief Executive Officer (CEO) of Kantanka Automobile Limited, Kwadwo Sarfo Junior, said government is not supporting them after they agreed to allow two foreign-owned automobile companies establish assembling plants in Ghana.
This comes after the government announced that it will allow two foreign-owned automobile companies establish assembling plants in Ghana.
Senior Minister, Yaw Osafo-Maafo, revealed that government had already signed a Memorandum of Understanding (MoU) with two automobile companies to establish assembling plants in the country.
He said it will complement government’s industrialisation agenda.
However, Kwadwo Safo said this was a wrong move.
“If you hear a Senior Minister say that they are going to have two more automobile plants in the country, while there is an automobile plant already in Ghana that you haven’t supported, I mean you clearly don’t even understand industrialisation or the automobile industry.”
“You need to support what we already have here that employs Ghanaian citizens; why do you have to go out there, get a foreign company, bring them here to compete with your local industry and kill them off?”
“They have money, and if you look in the things that they are talking about now, there are so many clauses. He mentioned that they have to purchase a number of certain cars from them but we [Kantanka Automobile] haven’t given you any clauses, all we’re saying is, take taxes off our vehicle and make the environment conducive for Kantanka to be able to operate.”