New Partnership Expected to Improve Infrastructure and Launch National Airline – GUBA Awards
Have any questions? Feel free to contact us:
+1 (516) 789 8873
+233 (0) 500 705 699
Posted by: webadmin
Category: News

Public-Private Partnership (PPP) bill will be presented to the Ghanaian parliament by the end of March. The bill is expected to mobilise private sector support for significant infrastructure works including stalled road and ports projects, and the launch of a new national airline.

Magdalene Apenteng, director of the Public Investment Division of Ghana’s finance ministry, stated that the proposed legislation would offer a long-term solution to infrastructure challenges “without overburdening the government budget”. She added that the PPP supported by the World Bank, would address a number of projects which had been delayed because of inadequate funding and planning. These included improvements to and the extension of the motorway linking Accra with the harbour city of Tema, expanding the port of Takoradi, on Ghana’s South Western coast, and establishing a new national airline.

Ghana’s transport minister Dzifa Ativor also mentioned that the country needed a successor to Ghana International Airlines, which suspended operations in 2010. She said the government would collaborate with the private sector to establish a new carrier.

report published in October 2013 by professional services firm PwC said Ghana’s transport infrastructure needed to be upgraded to meet the needs of a middle-income country. “Following the successful commercialisation of its oil reserves, Ghana is in a position to raise additional public funding for infrastructure from its increased fiscal receipts and thus to address the country’s infrastructure needs” – They added.

Author: webadmin