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Business News of Wednesday, 25 April 2001

Source: GNA

Vice President of Diamler Chrysler visits Ghana

Mr Eugene Heidemann, Vice President of Diamler Chrysler, the American vehicle manufacturing firm, is in the country to study Ghana's free zone policy and explore the possibility of making Ghana the company's regional office in West Africa.

He will also use the opportunity to launch seven new models of the company's products. Mr. Heidermann told Journalists on arrival at the Kotoka International Airport on Wednesday that Ghana's political stability and the favourable economic environment have influenced the company's decision to come to Ghana.

He said he looks forward to doing good business in the country, adding that the trend of growth of business would determine whether or not to establish an assembling plant in Ghana.

Mr. Paul Pepprah, Deputy Chairman and Managing Director of PHC Motors, local agents for Diamler Chrysler said the company's business has picked up since it started marketing Diamler products. He expressed the hope that the visit of the Vice President would provide more impetus to the company's activities.