Few weeks after Twitter announced its plans to open its first African office in Ghana, Hyundai and Kia have signed agreements with Ghana government to establish  an assembly plants in the country  by 2022. The automobile giants will join Toyota-Suzuki, Nissan, Kantanka, Volkswagen, and Sinotruck who already have plants.

Minister for Trade and Industry, Alan Kyerematen announced to the German Corporation and other diplomats from the German Embassy at a meeting to sign a 540,000 euros grant for the establishment of an auto desk at the ministry and development of some selected industrial parks in the country.

“By the end of 2022, the Ghana Automotive Development Programme will lead to the establishment of four assembly plants; there will be some leading global auto manufacturing companies including Toyota-Suzuki, Nissan, Kia and Hyundai in addition to the current vehicle assembly operations of Kantanka Automobile Limited, Volkswagen and Sinotruck” he disclosed.

Also Read: Amazon To Open African Headquarters In South Africa

He commended the German Government, noting that cooperation through the special initiative would support the One-Stop Automotive Programme Management Unit which coordinates the implementation of the Ghana Automotive Development Programme and serve as a One-Stop-Centre for auto assembly companies and other stakeholders in the auto industry.

This include component and parts manufacturers, dealerships, and other companies interested in participating in the industry.

“It will receive and evaluate applications and investment plans from auto assembly and component manufacturing companies in Ghana,” he explained.

A state-of-the-art training centre for technology and skills transfer will also be established to help build a competent labour force for the various specializations in the automotive sector.