Accra International Airport project funded without direct government financing – Mahama
President John Dramani Mahama has disclosed that major ongoing airport infrastructure projects are being funded through the balance sheets of the Ghana Airports Company Limited (GACL) and the Ghana Civil Aviation Authority (GCAA), without direct financial support from the government.
President John Dramani Mahama revealed at the August 27 sod-cutting ceremony for a seven-story multi-purpose car park and hotel complex at Accra International Airport that major airport infrastructure projects are being funded without direct government financing. The approach showcased the financial capacity of the Ghana Airports Company Limited (GACL) and the Ghana Civil Aviation Authority (GCAA) to undertake major projects.
The projects include the GCAA's new control tower, Terminal 2 refurbishment, the transfer concourse between Terminals 2 and 3, and the new car park, hotel, and entertainment complex. Mahama emphasized that the government had not provided any funds for these projects, stating that the institutions had financed them entirely from their own balance sheets.
He praised the efforts of the Minister for Transport, the boards and management of the aviation institutions, consultants, contractors, and other stakeholders. Mahama affirmed the government's commitment to promoting sustainable development and strengthening the capacity of state institutions through strategic investments. He expressed confidence that the ongoing projects would enhance airport infrastructure, contributing to Ghana's aspiration to become a competitive aviation hub in Africa.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
