Ghana and Ivory Coast government has sealed plans with Toyota motors, a Japanese automobile manufacturer in building a vehicle assembly plant in their country. Ichiro Kashitani Toyota chief executive officer signed a memorandum of understanding between the two country governments during the Tokyo International Conference on Africa Development (TICAD 7). The result of the partnership reveals that by August 2020 Toyota motor will commence assembling of vehicles in Ghana while in Ivory Coast Construction of vehicle assemble begins.
Nana Akufo Addo, the president of Ghana describe the partnership as a great move in helping Ghana fulfil her vision as an automobile hub in West Africa and the international market. He also assures the company of their firm support in making the partnership work.
Imai Toshmitu Toyota’s Chief of Operation Africa Division, describe that this partnership is as a result of Ghana’s favourable economic climate for its operation. The company will produce Suzuki and Toyota Hilux pickup in the plant. Two Suzuki brands for small passenger cars will also be included. This partnership with the two countries will enable automobile manufacturers to assemble Toyota and Suzuki products for market in West Africa.