The presidential candidate of Liberal Party of Ghana(LPG), Kofi Akpaloo has revealed that should he be elected president, he will put funds into Kantanka automobile.
Kofi Akpaloo revealed in an interview with Fiifi Pratt on Kingdom FM that he intends to assist Kantaka Automobile in securing funds through the stock market.
He stated that if he is elected president, he will float and sell the shares of Kantaka automobile, permitting the public to purchase some shares and also have ownership in the Kantaka company.
“Lets assume Kantaka float shares and each share cost Ghc1,000, it means he will get GHc10 billion and this money can be used to buy new and modernized car parts to help him advance”, Kofi Akpaloo argued.
Kofi Akpaloo further clarified that when this occurs, he will supply car components in Ghana, ensuring that Kantaka won’t need to import certain parts to produce his vehicles.
He revealed that to achieve this, he plans to establish manufacturing facilities in Ghana that will transform minerals such as Bauxite and iron ore into steel to supply the raw materials needed for car production.
NKONKONSA.com