The Minister for Trade, Agribusiness, and Industry, Hon. Elizabeth Ofosu-Adjare, has engaged with stakeholders of the Suame Magazine Industrial Development Organization (SMIDO) in Kumasi to discuss the amendment of the law prohibiting the importation of salvaged vehicles into Ghana.
The meeting, held on Friday, was in line with President Mahama’s commitment to reversing the ban, which has negatively impacted artisans and businesses in the automobile industry.
The minister assured industry players of the government’s dedication to addressing their concerns and creating a favorable business environment to support their growth.
Addressing representatives from various automobile industry associations, the minister stated that she had already engaged key stakeholders, including dealers in brand-new and secondhand vehicles, as well as vehicle assemblers, to discuss possible amendments.
Mr. Kofi Adu, Chairman of the Suame Magazine spare parts dealers, welcomed the initiative but cautioned against a potential increase in import duties as a deterrent.
Similarly, Mr. Anthony Oppong, Chairman of the Ashanti Region branch of GUTA, urged the government to set safety standards for imported salvaged vehicles and take measures to stabilize the local currency to support businesses.
The proposed amendment is expected to bolster Ghana’s auto industry, positioning it as a key player in the sub-region’s economy.
