Audio By Carbonatix
The Aviation Minister is urging more private sector participation in the country’s aviation sector through Private Public Partnerships (PPP) to access the necessary capital needed to expand the industry.
Kofi Adda noted the private sector had a lot to offer especially in the areas of infrastructure development.
He was speaking at the aviation sector’s mid-year performance review which was under the theme ‘Role of Aviation in boosting economic growth in the Era of African Continental Free Trade Area.’
“PPP in aviation sector has the prospects to unlock access to private capital, promote the exchange of expertise in the sector, to bring about the needed innovation through improved technology, financial and operational framework for the creation of jobs.
“With the involvement of the private sector in aviation, the sector’s contribution to the economy will ultimately improve”.
According to Mr Adda, with the current strain on government’s revenue, there is the need to look at alternative sources such as private-public partnerships to raise needed capital for the development of the aviation industry.
He explained that they want an investor to take interest in helping government with infrastructure such as the development of the various airports in the regional capitals.
As an example, he cited the Tamale airport which is being used for a cargo village as well as other infrastructure projects within the airport city.
Touching on the theme for the review, the minister noted his outfit was working to ensure the sector benefits from the African Continental Free Trade Area agreement.
The Aviation Minister also announced that the home-based carrier is expected to come on board in a few months saying.
“The HBC as you may all be aware, once established will be connecting various African cities and advancing our vision of making Ghana the hub within the Sub-Region,” he said.
He noted that the participating stakeholders in the HBC are coming on board with expertise, professionalism and well-rounded experience that will add value to the airline and champion the course of socio-economic growth to the country.
The Mid-year review conference is expected to help generate insight and strategies on how the aviation industry can benefit from the Continental Free Trade as well as strategies to tackle constraints in the sector.
Latest Stories
-
EPA CEO to be installed as Nana Ama Kum I, Mpuntu Hemaa of Abura traditional area
10 minutes -
Mahama to launch School Agriculture Programme, requiring farms across all schools
22 minutes -
Tanzania blocks activists online as independence day protests loom
24 minutes -
ECOWAS launches new regional projects to strengthen agriculture and livestock systems
38 minutes -
ECOWAS mediation and security council holds 43rd Ambassadorial-Level Meeting in Abuja
44 minutes -
Two dead, 13 injured in fatal head-on collision on Anyinam–Enyiresi highway
1 hour -
International Day for PwDs: The unbroken spirit of a 16-year-old disabled visual artist
2 hours -
Bryan Acheampong salutes farmers, outlines vision for resilient agricultural sector
2 hours -
Wa West Agric Director calls for stronger gov’t support after difficult farming year
3 hours -
‘Agriculture isn’t only for village folks’ — President Mahama pushes professionals to take up farming
3 hours -
82-year-old man emerges overall National Best farmer for 2025
3 hours -
Calls grow for stronger oversight as free trade and lax regulation fuel fake medicines
3 hours -
World Cup 2026: Tuchel keeps group stage opponents under wraps, shuns Ghana
3 hours -
Volta Region received a significant share of Big Push road projects – Mahama
3 hours -
Togbe Afede XIV lauds government’s $10bn ‘big push’ programme for boosting farm produce transport
5 hours
