Ghana’s automobile industry is poised for a significant boost as the government pledges to amend the law banning the importation of salvaged vehicles.
Hon. Elizabeth Ofosu-Adjare, Minister of Trade, Agribusiness, and Industry, has assured stakeholders that the government will revisit the law, which is expected to revamp the industry and create new job opportunities.
The announcement was made during a meeting with industry stakeholders in Kumasi, where the Minister emphasized President John Dramani Mahama’s commitment to supporting the industry.
The President has directed that the concerns of dealers and assemblers be taken into account during the amendment process.
The Suame Industrial Area, a major hub for the automobile industry, is expected to benefit significantly from this development.
The area, which employs thousands of youth, is a one-stop-shop for vehicle repairs, maintenance, and manufacturing.
According to Charles Boakye, Vice Chairman of the Suame Magazine Businessmen Association, the proposed amendment has brought relief to the industry.
“The salvaged vehicles, which are often repaired and sold in Ghana, can create employment opportunities for experts in the industry,” Boakye explained. The association has also appealed to the government to intervene in the construction of the Anomangye Overhead of the Suame Interchange Project, which is currently being executed by a contractor.
The government’s commitment to amending the law on salvaged vehicles is a positive development for Ghana’s automobile industry, which is a key sector of the country’s economy. The industry is expected to experience significant growth, driven by the increasing demand for vehicles and the government’s support for local manufacturing.
As reported, Ghana’s automotive market size is estimated to reach USD 1.96 billion in 2025, with a growth rate of 1.55% from 2025 to 2030 ¹. The industry is also expected to create new job opportunities, particularly in the Suame Industrial Area, which is a major hub for the automobile industry.
Overall, the government’s commitment to amending the law on salvaged vehicles is a step in the right direction for Ghana’s automobile industry. The move is expected to stimulate economic growth, create new job opportunities, and support local manufacturing.
Source:Ayisah Foster||The Punch Newspaper
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