SIGA proposes liquidation of Ghana Railway Company, staff absorption into GRDA

SIGA, the State Interests and Governance Authority of Ghana, has proposed the liquidation of the Ghana Railway Company Limited (GRCL) and the absorption of its employees into the Ghana Railway Development Authority (GRDA) in a bid to restructure the country's railway sector. This decision is based on the prolonged financial, operational, and labor challenges that GRCL has faced, which have led to the suspension of its operations despite government efforts to expand and modernize the railway network.

The proposed restructuring would transform GRDA into a combined commercial and regulatory institution, responsible for both railway development and commercial operations. This move is part of a broader effort by SIGA to address the challenges faced by underperforming state-owned enterprises and improve the efficiency and sustainability of Ghana's railway system.

The 97-kilometre Tema-Mpakadan railway line, which commenced commercial operations under GRDA in October 2025, is a significant step towards this goal. This proposal is part of a larger plan by the government to revive and expand railway transport as an alternative means of moving passengers and goods across the country.

Brief written by urgent.news from GBC Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.