AGI Boss commends Kantanka for Growth in automobile sector


The Chief Executive Officer of the Association of Ghana Industries (AGI), Seth Twum Akwaboah has commended Kantanka for their substantial growth in the auto mobile industry in Ghana.

Mr. Akwaboah encouraged them to increase their capacity to capture the entire Ghanaian market and even beyond.

He praised Kantanka’s initial market strategy and also urged them to adopt a good financing model for their products by partnering with the banks

“The current Minister of finance and the deputy speaker of parliament use their vehicles as well, so once they’ve gotten to that stage and started developing the mass market, that was the right thing but off course they have to grow it further and I think that’s one area they need to critically look at”

“They need to look at how they can partner financial institutions and individuals who can tap into some kind of resources and buy their vehicles “He said

He also urged them to be able to produce at a minimal cost but without compromising quality to ensure sustainability of their products in the market.

The Association of Ghana Industries boss applauded government for the new Ghana Automobile manufacturing development policy to process local assembled cars.

He was also quick to advise that, government should move beyond procuring the vehicles to ensuring prompt payment, in order to keep the assemblers in business.

‘we should make deliberate efforts to ensure that if we are buying from the local assembly plants then we will pay promptly’ he stated

He encouraged the government to put in place measures to reduce cost of production including reduction in import taxes.

Paa Kweku Eshun|

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