AAAM hosts Vehicle Component Suppliers in Ghana

Scan_Pay_Advertise_iloveza.com_2022

The African Association of Automotive Manufacturers (AAAM) hosted an exploratory visit by automotive component manufacturers to Ghana in the first week of March.

 

 

The objective was to introduce potential investors to the Ghanaian automotive market. The initial visit was focused on aftermarket opportunities, which in time will also support OE assembly as the volumes grow, as currently almost all components are imported.

Executives from Maxe (a division of KAP Automotive), Supreme Springs (a division of Metair) and Hudson Rubber were involved in a week of back to back engagements with OEM assemblers, local manufacturers, vehicle dealers, and spare parts importers as well as the Ghana Standards Authority, the AfCFTA Secretariat and the Ministry of Trade and Industry.

A particularly important aspect of the Ghana Automotive Development Policy is to develop auto component manufacturing with local partners. In a positive meeting with Minister Kyerematen on the last day of the visit, the Minister emphasized the significance of this initiative and the government's willingness to engage on competitive fiscal incentives for those component manufacturers wanting to invest in Ghana.

“This is the first of many visits planned by the AAAM office in Accra in support of developing the automotive industry in Ghana”,

 

said David Coffey the CEO of AAAM.

“It was most encouraging to witness the positive interaction between potential investors, local companies and the willing support offered by the Ghanaian authorities”,

 

concluded Coffey.

The Hon. Alan Kyerematen indicated that the takeoff of the Component Manufacturing industry within the Automotive Sector would provide a strategic guideline for the development of the steel, aluminum, and rubber industry in the country.

iloveza.com is an award-winning Digital Media, Marketing, and Advertising Company (with Influence) est. 2015, with a global reach of over 1 million

E-mail howzit@iloveza.com to take your brand/business to the next level

Like What You've Read ? Be an Anonymous Angel 
CLICK HERE for the latest Tech News
CLICK HERE for the latest News & Trends
Follow @letstorqueza
 
Keep up to date with all that is happening in South Africa
Subscribe to our Newsletter

Follow @ilovezacom on
 #iloveza❤️🇿🇦 #AfterFajrGrind

iloveza.com Accolades:

2021 Winner of Brand South Africa's Nation Pride Play Your Part Award

2018 Winner of Tech Savvy Boss Award at the Roshgold Young Business Achiever Award
 

Nabihah Plaatjes Accolades:

2018 Contributing Author to SAFFRON: A Collection of Personal Narratives

2017 Recipient of Owami Women & Brand South Africa's Play Your Part Award


Ziyaad Plaatjes Accolades:

2021 Mail & Guardian Top 200 Young South Africans: Arts, Entertainment, Film & Media 

2020 Contributing Author to There's a Story in Everyone


Trending Posts