STATESMAN OPINION: THE HOPE THAT GHANA OFFERS CONTINUES TO YIELD POSITIVE RESULTS Featured

By CHRIS LARTEY March 21, 2019 1520 0

The announcement by three world-renowned car manufacturers that they have plans to set up a joint venture to produce vehicles in Ghana is yet more evidence of how the world now sees this country as one the best destinations for doing business in Africa and the world at large.

Interestingly, this refreshing news comes amid livid propaganda by the opposition National Democratic Congress about the cedi’s recent challenges.

The NDC seems to be working very hard to create the impression that the exchange rate is the sole determinant of how well our economy is faring.

Indelible truth

We believe it was not just recently, when the cedi seemed to be facing challenges, that these automotive businesses and their representatives began studying the Ghana success story in economic management and transformation.

For those still immersed in illiterate sloganeering, the simple truth is that officials from Suzuki Motor Corporation, Toyota Tsusho Corporation and CFAO have announced a joint venture to manufacture and distribute vehicles in Ghana.

During a courtesy call on President Akufo-Addo on Tuesday, Koyote Suzuki, general manager Middle East and Africa for Suzuki Motor Corporation, announced that the company has decided to establish a manufacturing base in Ghana as part of the mission “to find our next India in the continent of Africa”.

Ghana offers hope

Certainly the business kingpins hitting our shores are not living an illusion. They believe in Africa, and also think that Ghana in particular is beaming with opportunities for business.

They believe that Ghana, under the present government, offers the right climate for establishing and growing a business.

This climate has not come about by mere accident. It is the outcome of conscious and meticulous efforts by our government to make our country the right place to invest.

“Start, grow and expand”

“We came to know from Toyota that the Ghanaian government is planning to roll out a new automotive policy,” Mr Suzuki said on Tuesday. “We heard this from Toyota executives who paid a visit here last month.

“We are highly interested in participating in this initiative by the Ghanaian government. We wish to start production here, grow it and expand it.”

This sums up the international recognition of the seriousness of a government which is putting in place policies to attract the right investment into the country.

We completely agree with the President when he says that “these three companies that have come together to push an idea, here in Ghana, is an idea that we have to welcome”. This is the outcome of the hope that Ghana now offers to the rest of the world.

It certainly cannot be a case of the legendary Abdul selling ashes to foreigners for sugar. As such, the NDC and its part-time propaganda merchants would do well to look for credible issues to campaign on, rather than dwelling on the cedi, which has begun to regain its strength.

New economy, new skills

For us at the Daily Statesman, the unfolding story reminds us of the RT Briscoes and the Neoplans that we used to have, which were sources of ready employment for our young people.

As Ghana rolls out a new automotive policy, it is our hope that our youth will take advantage of the situation and avail themselves of opportunities to learn skills that will allow them to fit in and improve their living condition.

Truly, these are exciting times to live in Ghana, with all these openings on the horizon.

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Last modified on Friday, 03 May 2019 00:51

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