The vice president of the Republic of Ghana, Dr. Mahamudu Bawumia speaking as the guest speaker at the joint launch of a strategic collaboration between Volkswagen and BlackIvy for the production of affordable homes and affordable cars for the Ghanaian people.
He indicated that such initiative is a manifestation of the Akufo-Addo led governments Made in Ghana strategy that underpins Ghana Beyond Aid.
He also noted that for the Automotive industry to be successful, there must be enough domestic demand for the vehicles produced.
“In this context our proposed National Transport Recapitalization Project will provide a lease-to-own option to all commercial drivers to exchange their old cars for new made or assembled in Ghana vehicles” – he indicated.
According to him, the insurance of national identity cards along with the implementation of the digital property address system, the mobile money interoperability and the universal QR Code will allow for the development of a credit system with credit reference agencies to make this work.
“In this regard I reiterated that our government will be able to provide better options to Okada riders to lease-to-own vehicles if they choose and therefore we would not legalize Okada operations” – he opined.
He went on to say that every life matters, and the Akufo-Addo led government would continue to ensure that safe and affordable means of transportation and livelihood would be provided for every Ghanaian.