Vice President Dr. Mahamudu Bawumia has witnessed the joint launch of a strategic collaboration between Volkswagen and BlackIvy for the production of affordable homes and affordable cars for the Ghanaians.
According to him, this is a manifestation of our Government’s Made in Ghana strategy that underpins Ghana Beyond Aid.
The Vice President 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 said.
The issuance 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, Dr. Bawumia reiterated that 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.
“Every life matters, and we will continue to ensure that safe, affordable means of transportation and livelihood are provided for every Ghanaian,” he said.