28 C
Accra

Nissan to Start Assembling Cars in Ghana

Nissan Motor Co. is set to start final assembly of cars in Ghana, responding to new legislation aimed at turning the West African country into an automotive hub for the region’s 380 million people.

The Yokohama-based company is partnering with Japan Motors Trading Company Ltd., a Ghanaian car dealership, to put together the Nissan Navara pickup in Accra, the capital, Nissan said in a statement Wednesday.

Ghana is offering tax breaks to carmakers and has promised to restrict the influx of second-hand cars, which account for 70% of vehicle imports in a country with barely any local manufacturing. In May, parliament banned the arrival of cars that are more than 10 years old in a bid to lure manufacturers.

- Advertisement -

Nissan’s announcement comes three months after Volkswagen AG opened its own plant in collaboration with another local partner. Toyota Motor Corp., Suzuki Motor Corp. and Renault SA are among automakers that have said they are also weighing local manufacturing in the country.

The Ghanaian plant will be Nissan’s fourth in Africa, after South Africa, Egypt and Nigeria.

MORE:  Covid-19: Akufo-Addo's Bold Decisions Have Led To Low Infection Rate – Togbe Afede
- Advertisement -

Want to submit a story or pitch?

You can submit articles for publication through our email (editor@theaccratimes.com) or on Whatsapp +233 203255940.

SourceBloomberg

More Stories for you

Prez. Akufo-Addo Commissions Phase One of Pokuase Interchange

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Wednesday, 25th November 2020, commissioned Phase One of the Pokuase Interchange project, as part...

Akufo-Addo Commissions Ghana’s First Micro-hydro Power Station at Alavanyo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Saturday, 21st November 2020, commissioned Ghana’s first micro power generating station, located at Tsatsadu,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

DON'T MISS

Prez. Akufo-Addo Commissions Phase One of Pokuase Interchange

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Wednesday, 25th November 2020, commissioned Phase One of the Pokuase Interchange project, as part...

Get more news from us

While you are here, please sign up to get more news from us.

OUR TOP PICKS FOR THE WEEK

Prez. Akufo-Addo Commissions Phase One of Pokuase Interchange

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Wednesday, 25th November 2020, commissioned Phase One of the Pokuase Interchange project, as part...