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Overview

Sinotruk Establishes a Truck Assembly Plant in Ghana in 2018

Commitment Year•2018Country of Activity•GhanaDirect Recipient Country of Incorporation•GhanaSector•Industry, Mining, ConstructionFlow Type•Vague TBD

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2018

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • Sinotruk International Co., Ltd.

Receiving agencies

Government Agencies

  • Ghana Ministry of Trade and Industry

Implementing agencies

Private Sector

  • Zonda Tec

State-owned companies

  • Sinotruk International Co., Ltd.

Loan description

Sinotruk Establishes a Truck Assembly Plant in Ghana in 2018

Narrative

Full Description

Project narrative

On September 5th, 2018 at the Ghana-Shandong Business Conference, Ghana's Ministry of Trade and Industry signed an agreement with China's Sinotruk International Ltd. for the establishment of a Sinotruk assembly plant. At the same time, Sinotruck is partnering with Ghanian-registered, Chinese-operated, company Zonda Tec. According to Business World Ghana, the assembly plant will have the capacity of assembling 1,500 trucks per year for sale in Ghana and West Africa, and with the assembly of the plant, local Ghanaians will be trained to assemble the trucks. According to a registry account with Ghana's One District One Factory government initiative the manufacturing plant was completed in 2019, and assembly operations were confirmed to have started by Ghana's President Akufo-Addo during a speech to parliament on February 20, 2020.