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    Ghana’s total exports decline by 9%

    Cedi depreciates against the dollar by 22.5%

    Financial sector withstood 2022 shocks; positive signs ahead – BoG

    Water shortage to hit parts of Accra; businesses to be affected

    Excise tax amendment shows positive signs; rakes in GHS 140m 

    Ghana records over $200m trade surplus in two months

    Public debt hits GHS 575.5 billion; now 71.9% of GDP

    GEPA poised to achieve over $4bn target for non-traditional exports

    GRA fights off claims of harassing traders; calls for cooperation

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    Cedi depreciates against the dollar by 22.5%

    Financial sector withstood 2022 shocks; positive signs ahead – BoG

    Water shortage to hit parts of Accra; businesses to be affected

    Influx of Chinese tanker trucks will kill local businesses – Kwame Jantuah

    GRA fights off claims of harassing traders; calls for cooperation

    Hanno Barkhoff joins Kempinski Hotel Gold Coast City Accra as General Manager

    WTO Director-General calls for ratification of Fisheries Subsidies Agreement

    B5 Plus is an iconic testament of success of 1D1F initiative – K.T. Hammond

    BoG advised me to streamline Menzgold operations – NAM 1

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    African Union to launch regional credit rating agency in 2024

    New study reveals alarming food access disparity affecting 650 million Africans

    Global food price index declines in August

    ECO currency challenges: Technical committee attributes delays to external shocks, others

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We’ve not sold Kotoka Int’l Airport; we’re partnering for expansion – Aviation Ministry

byPius Amihere Eduku
July 7, 2020
in Business, Top Stories, Transport
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The Ministry of Aviation has dismissed reports that it has concluded processes to cede the management of Kotoka International Airport to a foreign company.

According to the Ministry, no such plan has been mooted by the government of Ghana.

In a statement to clarify the issue, the sector Minister, Joseph Kofi Adda, urged the public to disregard such claims.

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He however explained that Government is engaging stakeholders including the Ghana Airports Company Limited (GACL), to consider a projected Strategic Partnership Arrangement between GACL and TAV-SUMMA Consortium to improve service delivery and expansion of infrastructure at the KIA.

“Indeed, what is being considered for deliberation by the Ministry and its stakeholders including the Ghana Airports Company Limited (GACL) and the TAV-SUMMA Consortium is to improve service delivery and expansion of infrastructure at the Kotoka International Airport to achieve the Government’s vision of making Ghana the Aviation Hub within the sub-region.”

In this regard, an Executive Approval was signed by the President for the Ministry to facilitate the engagement of the Strategic Partners,” the statement noted.

He further noted that the processes for the start of engagement has not begun.

“To this end, we hereby state categorically that neither the Ministry nor the GACL has yet formally started any process of engagement on the subject matter with any stakeholder or partner.”

“We, therefore, wish to note that the false information on the sale of the Kotoka International Airport being circulated in the media/social media is the work of mischievous and malicious elements to pitch the staff of GACL and the general public against Government to achieve their diabolical agenda and erode the successes chalked in the Aviation Sector for the last three years,” he added.

Ghana Airports Company Limited’s agreement with McDan Shipping

Already, Terminal One of the Kotoka International Airport has been rented out to McDan Aviation for a period of fifteen years following the relocation of domestic flights to Terminal Two.

According to the Aviation Ministry, the rent from the operations of McDan Aviation should boost revenue generation for the Ghana Airports Company Limited.

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