Govt To Mobilise Funds For Boankra Inland Port
Ashanti REGSEC members during the inspection tour The Ashanti Regional Minister, Dr. Frank Amoakohene, has acknowledged inadequate funding as a major factor delaying the completion of the Boankra Integrated Read More... The post Govt To Mobilise Funds For Boankra Inland Port appeared first on DailyGuide Network .
The Ashanti Regional Minister, Dr. Frank Amoakohene, has highlighted insufficient funding as a major obstacle hindering the progress of the Boankra Integrated and Logistics Terminal (BILT), commonly referred to as the Boankra Inland Port. Dr. Amoakohene revealed that such financial constraints have slowed down the project's development, necessitating a coordinated effort from the government and other stakeholders to devise a lasting funding solution.
He emphasized that abandoning the project would be counterproductive, given its immense potential to bolster the economy, especially in trade, logistics, and transportation.
During an inspection of the ongoing works at the project site, led by Dr. Amoakohene alongside members of the Ashanti Regional Security Council (REGSEC), he affirmed that while the first phase of the project, currently 65 percent complete, is anticipated to commence operations post-completion, the second phase would follow suit. The minister stressed that despite the financial hurdles faced by the project, the government remains resolute in its commitment to ensuring its successful completion.
Justmoh Construction Limited, the contractor overseeing the project, acknowledged funding as the primary issue affecting its momentum. Dr. Justice Amoh, CEO of Justmoh Construction Limited, disclosed that the project's funding had ceased, contributing significantly to the delays. Similarly, the CEO of the Ghana Shippers Authority, Prof. Ransford Edward Gyampo, expressed optimism that the government would mobilize the requisite resources for the project's completion, expressing confidence in the government's commitment to support its development.
The Boankra Inland Port is envisioned as a pivotal inland trade and logistics hub, serving as a crucial link between the middle belt of the country and Ghana's seaports. The project's first phase, already 65 percent complete, is poised to kick off operations upon its full completion, with subsequent work on the second phase slated to commence thereafter.
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