The presidential candidate of Liberal Party of Ghana(LPG), Kofi Akpaloo has disclosed that if he is voted into power as president, he will invest in Kantanka automobile.
Kofi Akpaloo during an interview with Fiifi Pratt on Kingdom FM disclosed that he has plans to help the Kantaka Automobile to raise capital on the stock market.
He said that if he becomes president, he will float and sell the shares of Kantaka automobile and allow the public to buy some of the shares and also own a share in the Kantaka company.
“Lets assume Kantaka floats shares and each share costs 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 also explained that when this happens, he will make car parts available in Ghana so that Kantaka would not import some parts of the car to manufacture his cars.
He disclosed that in order to make this possible, he will build manufacturing plants in Ghana that will convert minerals like Bauxite and iron ore into steel to help get the raw materials for the manufacturing of the cars.
The Presidential aspirant however explained that all these involve money hence the money will be gained through a collective investments hence the idea of floating and selling shares.
, Kofi Akpaloo has disclosed that if he is voted into power as president, he will invest in Kantanka automobile.){kind=link}