China to Establish Electric Car Manufacturing Plant in Ghana

Ghana and China have agreed to collaborate on building an electric car manufacturing plant in the West Africa nation.

The agreement was reached between Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, and China’s Foreign Minister, Wang Yi, on the sidelines of the ongoing China-Africa summit in Changsha in China.

In a Facebook post, Ablakwa said this agreement will be anchored on Ghana’s strategic lithium deposits.

As part of the agreements reached, China will be offering a zero per cent tariff on all exports from Ghana.

According to the North Tongu MP, this will bolster trade, create jobs and produce more Ghanaian entrepreneurs.

In addition, the two leaders discussed new industrial projects including exploiting bauxite for an integrated aluminium industry powered by modern rail infrastructure.

“Ghana and China will soon sign a special Economic Partnership Agreement to concretise our mutually beneficial partnership,” he noted.

Source: https://opemsuo.com/author/hajara-fuseini/