Sinotruk International, China’s first heavy-duty truck manufacturer, has signed an agreement with the government to establish an assembly plant in Ghana.
The company is to serve both Ghanaian and West African markets.
This was after the Ministry of Trade and Industry signed a Memorandum of Understanding with Sinotruk International, on Wednesday at the Ghana-Shangdong Business Conference, for the establishment of the plant.
Trade Minister, Alan Kyeremanten signing on behalf of Ghana
Speaking to the President Akufo-Addo after the signing ceremony, Zhang Yuzong, the General Representative of Sinotruk International, could not hide his joy.
He spoke of the company's proud history of being manufacturers of a wide range of heavy-duty trucks, buses, special trucks, engines and their sets, parts and special chassis.
The assembly plant in Ghana, when established, Zhang Yuzong said, will initially, have the capacity to assemble some 1,500 trucks per year for sale in Ghana and West Africa.
Having produced some 300,000 trucks in 2017, and possessing an employee strength of 40,000 people, the Sinotruk representative was confident the establishment of the plant in Ghana will create jobs for Ghanaians, as well as rake in significant amounts of revenue for the country.
The establishment of the assembly plant, he added, will result in the training of Ghanaians to assemble the trucks and the transfer of technology.
On his part, President Akufo-Addo expressed his delight about Sinotruk International’s decision to establish the assembly plant in Ghana.
