Audio By Carbonatix
The Minister of Transport, Collins Dauda says a loan agreement to provide funds for the reactivation of the existing rail network will soon be placed before cabinet for consideration.
According to him, the project should result in a major transformation of the road-transport-dominated sector which is over-burdened because of the virtual collapse of the rail industry particularly the Accra-Nsawam and Kumasi lines.
Collins Dauda would however not disclose details of the loan agreement.
He said once cabinet approves the facility, “we will proceed to have the loan agreement ratified by Parliament, then we will access the facility and go through the procurement process of getting contractors to start working on the railway network.”
Alhaji Dauda believes a functioning railway system will help decongest the country’s roads and reduce accidents.
Source: Joy News/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
New Year begins with 15.92% water and 9.86% electricity tariff hikes
6 minutes -
TUC, PURC call for calm amid power tariff concerns, assure public of stakeholder engagement
9 minutes -
New VAT is a game changer for Ghana’s revenue collection – GRA Boss
44 minutes -
Adom FM’s Strictly Highlife comes off today at Palms Convention Centre
51 minutes -
Relive the 90s: Joy FM’s 90’s Jam takes over this Friday
52 minutes -
Relieve Ato Forson of Defence role to protect fiscal discipline – Franklin Cudjoe to Mahama
1 hour -
Ghana at a ‘critical crossroads’, must mentor youth in integrity – Duffuor
2 hours -
Foreign Affairs Minister completes rollout of Passport Application Centres in all regional capitals
3 hours -
Deputy Foreign Affairs Minister commissions Passport Application Centre in Goaso
3 hours -
Choose people and planet over war – UN Secretary-General’s New Year message to world leaders
3 hours -
Police nab suspect over foiled gold robbery plot at Manso Abrense
3 hours -
Philadelphia Church camp meeting causes massive gridlock on Accra-Kumasi Highway
4 hours -
“Truth with danger saves generations” — Dr Duffuor urges integrity-led renewal in New Year message
4 hours -
Gold boosts Cedi to shatter 30-year losing streak
4 hours -
Zelensky says peace deal is 90% ready in New Year address
5 hours
