Media Wire Express Correspondent
Ghana is considering establishing an automobile assembly plant in Tanzania in a move to strengthen trade with East Africa.
The west African country, with a slightly smaller GDP compared to Tanzania, plans to establish the assembly plant under the African Continental Free Trade Area (AfCFTA) agreement.
They are counting on Kantanka Automobile Company Limited to set up the car assembly plant, Ghana’s Ministry of Trade and Industry chief commercial officer, Mr Kofi Addo, told The Citizen yesterday.
“The good thing is that Kantaka is a Ghanaian assembly plant that makes cars or vehicles based on the African environment. They understand the African interest, and that is why it is good for us to talk and engage them to be here in Tanzania,” said Mr Addo.
Mr Addo was speaking during the official opening of a five-day Ghana Expo 2024 themed “Acceleration of Implementation of the AfCFTA Enhancing Ghana-Tanzania Relations.”
The expo brought 51 Ghanaian companies to showcase various products such as agro-processing, beverages, cosmetics, plastics and rubber, garments, leather and ICT-related services.
Kantanka Automobile makes the Kantanka brand of vehicles in five different models. The Kantanka Onantefo SUV, Kantanka Omama Luxury and Ordinary Pickups, Kantanka K71 Mini SUV, Kantanka Mensah Saloon and Kantanka Amoanimaa Saloon Cars.
Source: Joy News
