Ghana’s Cabinet has approved a draft automobile industrial policy, designed to guide the establishment of vehicle assembling plants and manufacturing firms in the West African country.
The policy is expected to go through parliamentary scrutiny before becoming a working document.
Deputy Minister of Trade and Industry, Robert Ahomka Lindsay told media in Accra that the government had engaged all stakeholders in order to have a complete policy for the automobile industry and other industrial sectors of the economy.
“We are still engaging and as you may be aware, the policy has received approval from cabinet already but they have made some recommendations which we will be adding as part of the law. Very soon we should have other engagements then finally a complete policy” the minister added.
Mr. Lindsay spoke on the sidelines of a stakeholder forum on regulatory impact assessment in Accra.
The forum forms part of a stakeholder’s engagement to assess the impact of regulatory reforms on businesses operating in the country.