President Nana Addo Dankwa Akufo-Addo’s state visit to China is bearing early fruits, with China’s first heavyduty truck manufacturer, Sinotruk International, signing a memorandum of understanding (MoU) with the Government of Ghana to establish an assembly plant in Ghana to serve the West African market.
Since he touched own in China last week, the President had not only built on the ties between the two countries but also made a strong case for Ghana as the preferred investment destination in Africa.
A direct outcome of the investment drive is the decision by the Chinese automobile giant to make a strong presence in Ghana.
The MoU was signed at the Ghana-Shangdong Business Conference.
The Ministry of Trade and Industry represented the country on the MoU.
A part of the MoU mentioned that Ghanaians will be trained to help in the building of 1,500 trucks per year for sale in West Africa for a start, with the number being increased as the years go by.
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