President Nana Addo Dankwa Akufo-Addo has said the government has created a fertile gound for businesses to thrive in the country.

He said apart from an effective automotive policy, Ghana also had a business friendly and enviable democratic credentials that made it the most preferred business environment on the African continent.

The President was speaking at a meeting with the management of Volkswagen (VW) automobile company, who called on him at the Jubilee House in Accra last Wednesday.

He said the government was determined to ensure that operations at the Volkswagen assembling plant that had been established in the country were successful to send a signal to the global business community that Ghana was ready for business.

President Akufo-Addo said the government had placed orders for some vehicles from the company “to give confidence to the industry and the public that VW is here to do serious business”.

Establishment of plant

The company opened its assembling plant in Accra last year, making Ghana the fifth destination of such plants in sub-Saharan Africa.

The other assembling plants are located in South Africa, Kenya, Nigeria and Rwanda.

President Akufo-Addo expressed optimism that the new automotive policy of the government would help create a vibrant industry in the country.
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He further urged investors to take advantage of the economic climate in the country and invest, adding that the government was committed to protecting their investments.

Gratitude

The Chairman and Managing Director of the Volkswagen Group, South Africa, Dr Robert Cisek, expressed gratitude to the government for the commitment to support the company to succeed in its operations in the country.