AutomotiveBusiness

Automative investors explore possibility of manufacturing spare parts in Ghana

The initiative is being spearheaded by Jobs and Economic Transformation (JET) Ghana and implemented by the Palladium Group

A team of prominent automotive investors from the United Kingdom have paid a working visit to the University of Ghana -Toyota Ghana School of Engineering Sciences Training Centre to explore partnership opportunities.

Hosted by Professor Boateng Onwona-Agyeman, provost of the College of Basic Applied Sciences (CBAS), the team is exploring the possibility of collaborating to manufacture, test and supply automotive spare parts in Ghana in partnership with the Toyota Ghana-University of Ghana Training Centre.

This could reduce Ghana’s importation of automobile spare parts into the country and also create jobs locally.

The initiative is being spearheaded by Jobs and Economic Transformation (JET) Ghana and implemented by the Palladium Group.

JET Ghana

The Jobs and Economic Transformation (JET) in Ghana programme is funded by the UK Foreign, Commonwealth and Development Office (FCDO).

It is the UK Government’s flagship investment-led job creation programme that will help Ghana transition away from aid dependence in line with the Government of Ghana’s (GoG) ‘Ghana beyond Aid’ strategy.

It seeks to leverage increased investments into Ghana’s strategic manufacturing and industrial sectors, and introduce innovative technology and management capabilities, increasing the skills of the workforce generating formal employment and economic.

About Palladium Group

The Palladium Group is an international development sector advisory, management and implementation firm, representing the combination of seven prior companies: GRM International, Futures Group, Palladium, the IDL Group, Development & Training Services, HK Logistics and CARANA Corporation.

Palladium operates  in 90 countries.

At the end of 2015, Palladium International was the fourth-largest private sector partner for the UK Government’s Department for International Development (DFID).

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