17/09/2019 AUTOMOTIVE INDUSTRY: TOYOTA WILL SETTLE IN IVORY COAST
Côte d'Ivoire and Japanese automaker Toyota signed an agreement to create a Toyota vehicle assembly plant in Côte d'Ivoire on August 29, 2019 in Yokohama, Japan. The implementation of the process will start by the end of 2019.
The signing ceremony took place in the presence of Prime Minister Amadou Gon Coulibaly who leads the Ivorian delegation to the 7th edition of the Tokyo Conference on African Development (TICAD 7) held in Yokohama from August 28th to 30th.
The memorandum of understanding was signed, for the Ivorian side, by the Minister of Transport Amadou Koné and, for Toyota, by its Chief Executive Officer (CEO), Ichiro Kashitani.
In their interventions, they welcomed the establishment of this partnership with the hope of seeing, in the long term, Toyota vehicles entirely made in Côte d'Ivoire.
For Amadou Koné, the signing of the agreement as to be seen as one of the government achievement in the consolidation of democracy, political stability and security.
The CEO of Toyota has praised the Ivorian government for the economic progress that reassures Toyota and determine his choice to settle in Côte d'Ivoire, after South Africa and Egypt.
Prime Minister Amadou Gon Coulibaly thanked the Toyota partner for believing in Côte d'Ivoire and accompanying its development trend.