Business News of Tuesday, 21 May 2024

Source: GNA

Government committed to ensuring completion of Boankra Inland Port - Minister

Ashanti Regional Minister Simon Osei Mensah being taken through the site plan Ashanti Regional Minister Simon Osei Mensah being taken through the site plan

Simon Osei-Mensah, the Ashanti Regional Minister, says the government is committed to the task of successfully completing the Boankra Inland Port project in the Ejisu Municipality to boost economic growth.

Despite the financial challenges facing the country, the government has strived to allocate the necessary funds to accelerate the progress of the project to meet the deadlines, he told journalists after inspecting the work done on Monday.

"The government is satisfied with the progress and quality of work executed so far," he added.

The Boankra Logistics Terminal (BILT), owned by the Ghana Shippers Authority, Ghana Ports and Harbours Authority (GPHA), and the Ministry of Transport, is being financed by the Government of Ghana.

The project is strategically located to boost the industrialization agenda of the Ashanti Region.

"Where BILT is located, we have a site for the Ghana Free Zones Authority as well as the Ashanti Industrial Park," Mr. Osei-Mensah said.

"These things will not function properly without the logistics terminal. It is, therefore, important to ensure that the terminal is completed and operational to bring in all these activities here."

The completion of the customized civil works, drains, culverts, and bridges, which are critical works in such type of road construction, was necessary, he said, adding that the remaining tasks would be finished in due course.

Dr. John Yorke, the Project Consultant, explained that Phase 1, which included civil works, earthworks, road networks, drainage systems, container freight terminals, container handling facilities, bonded warehouses, administration, and operations block buildings, was about 50 percent complete.

The remaining 50 percent would consist of the superstructure and the terminal bay accordingly, he said.

The project consists of an impressively crafted road network, container freight station, truck parking, fire and police stations, commercial area, administration block, and associated infrastructure.

Mr. Kwesi Baffour Sarpong, the Chief Executive Officer of the Ghana Shippers Authority (GSA), said the journey had been marked by challenges, but the government's commitment to realizing the vision of the BILT remained resolute.

The BILT is a key component of the government-initiated Ghana Trade and Investment Gateway Programme, a crucial driver of economic progress and regional connectivity.

Mr. Sarpong said the project held immense significance for economic growth, which would reduce port congestion and costs, overall transportation costs, and drive regional trade facilitation for Ghana and the neighboring countries.

It would further establish Ghana’s leadership role, especially within the framework of the African Continental Free Trade Area.

The proximity of the project to the recently completed Kumasi International Airport and Ghana’s seaport would further accord the country the region's premier multimodal transportation hub in West Africa and beyond, he said.

Stella Wilson, Board Chair of GSA, commended the Minister for taking the time to visit the site and assured him of GSA’s full commitment to ensuring the project's goal was achieved through enhancing the economic status of the middle belt and northern sectors of the country.