The Chief Executive Officer of Kantanka Automobile made this statement when he paid a visit to the office of the Vice President on the 8th of June 2017. According to him, the absence of an automobile policy governing and regulating the activities of automobile manufacturing and assembling companies was a hindrance to local manufacturers like Kantanka Automobile Company.
According to the CEO of the company, the absence of a legislation to govern the operations of the industry is impeding the growth of the industry and new entrants in the vehicle manufacturing sector. He bewailed the fact that cars manufactured and assembled by the company were charged the same duty and levies as vehicles manufactured outside and imported into the country.
Explaining further, Kwadwo Safo Jnr said the lack of clarity was negatively impacting on the registration process for Kantanka vehicles owners. He cited legislations in Nigeria, South Africa, Kenya, Angola and Egypt to back his call for the enactment of the appropriate legislation to help local vehicle manufacturing and assembling companies such as Kantanka Automobile.
In a brief remark, Vice President Mr. Mamoud Bawumia indicated government’s enthusiasm to study existing best practices elsewhere to aid the enactment of the appropriate legislation to assist indigenous companies to grow and thrive.
This appeal was made to the veep in his office at the Flagstaff House. Accompanying the CEO was the General Manager of the company, Francis Kodjo Kudoji.
Also, there was a short exhibition of various vehicle models manufactured and assembled by the company such as an SUV, Mini SUV, and Pickups.