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The French automotive multinational Renault is considering the creation of a car badembly plant in Ghana, following Volkswagen, Nissan and Sinotruk, which will establish badembly plants in Ghana this year.
The Vice President and President of the Africa, Middle East and India (AMI) region of Renault, Fabrice Cambolive, announced Monday, January 28, 2019, during a courtesy visit to the President of the Republic, Nana Addo Dankwa. Akufo-Addo, at Jubilee House, the seat of the country's presidency.
Speaking at the meeting, Mr. Cambolive said: "For us, we must now see if our ability to import our products into this country is in line with your policy and, if it suits you, we we will be happy to do it. "
He continued: "I have noticed a lot of values in the country and they are very important to us. I hope we can make it a reality in a really difficult project, not a short-term project, but a long-term project, and if everything fits, we'll get back to you as soon as possible. "
President Akufo-Addo exchanged jokes with Renault Vice President and President of Africa, Middle East and India (AMI), Fabrice Cambolive
For his part, President Akufo-Addo called the announcement good news for the country.
He told Renault's president that Ghana was the most propitious country in West Africa to establish a rallying base, and said that all the economic clues that had malfunctioned before he took office now go into the good direction.
Ghana, under the leadership of President Akufo-Addo, is now the largest recipient of foreign direct investment in West Africa.
"We are the second largest economy in West Africa, so there are many reasons why Ghana is a country well placed for you.We see ourselves as the gateway to the country. 39 West Africa on a market of some 350 million euros the number of people expected to reach 500 million by 2030. So we think it will be a good place for the to do, "added the President.
Already, the global giants of car manufacturing, Volkswagen, Sinotruk and Nissan, are expected to establish their badembly plants in Ghana this year.
President Akufo-Addo with Renault officials
About Renault
Renault is a French automobile multinational founded in 1899. The company produces a range of cars and vans. Previously, she manufactured trucks, tractors, tanks, buses / coaches and railcars.
According to the International Organization of Automobile Manufacturers, Renault was in 2016 the ninth largest car manufacturer worldwide in terms of production volume. In 2017, the Renault – Nissan – Mitsubishi alliance became the world 's leading light – duty vehicle manufacturer, surpbading Volkswagen AG.
The Renault Group, whose head office is located in Boulogne-Billancourt, near Paris, is composed of two brands, Renault, Alpine, Alpine, Romania, Dacia Automotive, South Korea, Renault Samsung Motors and Paris. AvtoVAZ, from Russia.
Renault holds a majority stake of 43.4% in Nissan, Japan, and a 1.55% stake in Daimler AG, Germany (since 2012, Renault has been manufacturing engines for Daimler's Mercedes Clbad A and Clbad B cars).
Renault also has subsidiaries RCI Banque (automobile financing), Renault Retail Group (automobile distribution) and Motrio (auto parts). Renault has set up various joint ventures, including Oyak-Renault (Turkey) and Renault Pars (Iran). The French government holds a 15% stake in Renault.
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