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General News of Friday, 31 August 2018

Source: Starrfmonline.com

Deal with VW must benefit Ghana – Adu Asare

Former Adenta member of Parliament Kojo Adu Asare has hailed the planned move by German car manufacturer VW to establish an assembling plant in Ghana.

German Chancellor Angela Merkel made the disclosure on Thursday at a joint press conference with the Ghanaian President Akufo-Addo as she paid a one-day working visit to the West African state.

She said other German giants in pharmaceutical and technology are to also invest in the Ghanaian economy to support the Government’s ‘Ghana beyond Aid agenda’.

It is not yet clear the terms of the agreement between Ghana and the German car manufacturer, who recently established a plant in Rwanda.

Some Ghanaians have however said the move may lead to the annihilation of local car manufacturer Katanka.

Speaking to Morning Starr Friday, the former lawmaker said the VW assembling plant will be a massive boost for Ghana’s economy but local interest must be guarded by government.

“When it comes to matters of employment generation, you cannot only expect that it should come from your country. Sometimes it is important to bring into your country technology that is not available. VW is a brand that has stood the test of time over the years. It will take a while for people to build interest in the quality of Kantanka. Kantanka is making some progress anyway but they should be allowed to grow through the processes. VW coming to Ghana is a plus. We should tighten the agreement we will have with them such that we benefit greatly as well,” he said.