Government to revive Neoplan Ghana Limited below 1D1F initiative

The Minister for Trade and Industry, Alan Kwadwo Kyerematen has stated authorities is working to seize Neoplan Ghana Limited below the One District One Factory initiative, with a view to revive it.

The firm in 2020 hinted it could be compelled to close down its operations if the federal government doesn’t assist it.

Government subsequently engaged the administration of Neoplan on plans to revive the corporate.

Speaking to journalists as a part of President Nana Akufo-Addo’s go to to the Ashanti Region the place they visited the power, Mr. Alan Kyerematen famous that the federal government has to this point accomplished processes to present the corporate the wanted assist.

“We revived Neoplan under President John Agyekum Kufuor. If President Mahama had done something at Neoplan there would be no need to revive the company. I am committed to making sure Neoplan works again. We will do everything possible to ensure that Neoplan works again… All we need is a little time to get the company working again.”

“The President has heard clearly. All you want is that what President Kufuor did should also be done by President Akufo-Addo… If Ghana has money to import buses, which in turn creates jobs for foreigners, why don’t we use the same money to import to recapitalize Neoplan? There are good times ahead of Neoplan. Neoplan shall rise again”, the Minister added.

The Managing Director of the power, Abi Saab Malik, known as on the federal government to make sure the settlement takes impact as early as doable.

“We have been in talks for the past six months with the Ministry of Trade and Industry on common grounds on understanding. We hope to have a conclusion on our proposals soon in order to ensure the success of this company.”