GIPC, GRA engages HMN Company on EV assembly plant investment
The Ghana Investment Promotion Centre(GIPC), in collaboration with the Ghana Revenue Authority(GRA), has held strategic discussions with HMN Company on plans to establish an Electric Vehicle (EV) assembly plant in Ghana.
The engagement focused on positioning Ghana as a hub for EV manufacturing to serve the wider West African market, as part of efforts to drive industrialisation and attract high-value investments.
During the meeting, GIPC reaffirmed its commitment to facilitating the investment process, while the GRA pledged to provide clear regulatory guidance and ensure compliance with tax requirements.
Officials also highlighted Ghana’s strong investment climate, citing political stability and a conducive business environment as key factors that make the country attractive for large-scale industrial projects.
Both GIPC and GRA assured the company of continued support throughout the regulatory and implementation process, underscoring government’s readiness to partner investors in advancing Ghana’s electric mobility ambitions.
Source: Classfmonline.com/Cecil Mensah
Trending Business

Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
08:55
Feed Ghana Programme: Government distributes 40,000 bags of fertiliser and drones to farmers
08:39
Energy Sector Levy generates ¢8.81bn in 2025, but total expenses hit ¢22.67bn
23:52
NYA CEO calls for urgent reforms to protect Ghana’s growing digital workforce
12:05
Falling gold prices raise concerns over Ghana's export earnings and forex inflows
22:38
Government misses treasury bills target as investor demand eases
04:34
Ghana records Africa’s highest lending rate despite sharp policy rate cuts – AfDB
04:31
Agriculture Minister pledges support for food processing firm to expand operations
22:20
GFL Secretary-General urges patience over implementation of 24-Hour Economy policy
03:42
42 firms express interest in development of proposed Port of Keta after EPA approval
00:30


