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    Ghana tops list of countries with cheapest cost of electricity in West Africa

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    A law that will compel banks to lend to Agric sector players being considered – Min. of Agric

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

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Transport Ministry starts processes to handover Tema Dry Dock to the GPHA

bycitibusinessnews
June 20, 2016
in Government, Local Economy, Top Stories
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The Ministry of Transport has disclosed to Citi Business News that it will commence the process of handing over the administration of the PSC Tema Shipyard and Dry Dock Company Limited (PSCT) to the Ghana Ports and Harbours Authority (GPHA), later this week.

This comes after cabinet officially wrote to the Ministry of Transport, instructing that the operations of the PSC Tema Shipyard and Dry Dock Company be placed under the supervision of GPHA.

Recently, cabinet announced that it will direct the Ministry of Transport to hand over the operations of the PSC Tema Shipyard and Dry Dock Company Limited (PSCT) to the GPHA.

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The workers of the Tema Shipyard received the announcement and welcomed government’s decision, asserting that the move will enhance efficiency and increase government’s revenue.

Speaking to Citi Business News the Chief Director of the Ministry of Transport Twumasi Ankrah – Selby said the board of the company will be notified this week.

“It was a cabinet decision and the letter from cabinet just got to us last Friday. Now that we have received the information from cabinet we are supposed to formally write to the GPHA to take the necessary action for the processes for the takeover. We are supposed to get to both institutions that fall within the sector,” he said.

He stated that the leaders have communicated the process to be engaged in taking over the company to the members.

“As to the time frame, I’m hoping that we just started the week maybe within this week we should be able to issue the letter to communicate the process of the takeover,” he assured.

Transport Minister Fiifi Kwetey is expected to conclude the official transfer to the GPHA within the next few days.

Agitation by workers

The workers earlier in May 2016 demanded the withdrawal of the CEO over allegations of mismanagement.

At the time, Transport Minister Mr. Kwetey assured the workers he was going to take their concerns into consideration especially the termination of the appointment of their two colleagues.

–

By: Norvan Acquah-Hayford/citibusinessnews.com/Ghana

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