Urgent.News

What's breaking now, across thousands of outlets.

Business

Boankra Inland Port can’t be abandoned – Ashanti Regional Minister

The Ashanti Regional Minister, Dr Frank Amoakohene, has identified inadequate funding as a major factor delaying the completion of the Boankra Integrated and Logistics Terminal (BILT), popularly known as the Boankra Inland Port. He said the financial challenges confronting the project had affected the pace of work, making it necessary for the government and other … The post Boankra Inland Port…

Boankra Inland Port can’t be abandoned – Ashanti Regional Minister

The Ashanti Regional Minister, Dr Frank Amoakohene, has highlighted inadequate funding as the primary reason behind the delayed completion of the Boankra Integrated and Logistics Terminal (BILT), commonly referred to as the Boankra Inland Port. He emphasized that the financial constraints had slowed down the project's progress, necessitating a sustainable funding strategy to guarantee its successful completion.

Dr Amoakohene indicated that the government, through the Ministry of Finance, was actively developing a roadmap to bring all relevant stakeholders together to mobilize the necessary resources to finance the project. He firmly stated that the project could not be abandoned due to its substantial potential to boost the economy, particularly in trade, logistics, and transportation sectors.

During a visit to the site led by members of the Ashanti Regional Security Council (REGSEC), Dr Amoakohene explained that the project had initially not been a government-funded endeavor, but the evolving situation surrounding its implementation necessitated government intervention. He indicated that the government was prepared to explore ways to support the project, ensuring that the invested resources would not be wasted and that the facility would ultimately serve its intended purpose.

The initial phase of the project, currently 65% complete, is set to become operational once completed, followed by the commencement of work on the second phase. Dr Amoakohene expressed satisfaction with the progress made so far and praised Justmoh Construction Limited, the contractor working on the project, for their efforts amidst the funding challenges.

The Boankra Integrated and Logistics Terminal is envisioned as a major inland trade and logistics hub, providing a critical link between the middle belt of the country and Ghana's seaports. Dr Justice Amoh, CEO of Justmoh Construction Limited, also pointed out funding as the primary obstacle affecting the project. He noted that the project had not received any funding for an extended period, a situation he attributed significantly to the delays.

Prof. Ransford Edward Gyampo, CEO of the Ghana Shippers Authority, expressed optimism that the government would mobilize the required resources to support the completion of the project, given the project's potential to progress further if adequately funded.

Written by urgent.news from Ghanaian Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at ghanaiantimes.com.gh →

More in Business

More from Friday 2 October →