Pulse.com.gh logo
Go


National airline Plan to create national airline on course - Prez Mahama

The transport ministry in 2014 selected international consulting firm, PricewaterhouseCoopers (PWC) as the transaction adviser for establishing the new national airline.

  • Published: , Refreshed:
President Erdoğan symbolically pressing a button to pour the first concrete for the start of work on the Terminal 3 project. With him is President Mahama . play

President Erdoğan symbolically pressing a button to pour the first concrete for the start of work on the Terminal 3 project. With him is President Mahama.

(Daily Graphic )

Join the "kokonsa" clique.Don't miss a thing, get the latest updates to fuel your conversation daily

By signing up , you agree to our Privacy Policy and European users agree to the data transfer policy



Thank You! You have successfully subscribed to receive pulse.com.gh daily newsletter.

President John Mahama has revealed that a plan to have a national airline under a public private partnership (PPP) arrangement is on course.

The president made this known during a sot cutting ceremony for the construction of a new terminal 3 at the Kotoka International Airport (KIA) with Turkish president president Recep Erdogan.

"Government's plan to set up a new national airline under a PPP arrangement to support the policy objective of creating Kotoka International Airport (KIA) as an aviation hub is also on-going. It is my expectation, therefore, that Terminal 3 will play a pivotal role to support the operations of this new airline."

The new terminal will accommodate 5million  travellers a year, 1250 passengers an hour, six boarding air bridges, according to the president.

READ MORE

He added, “Already, KIA is the preferred choice of many airlines and with the completion of the project, KIA will be the most preferred aviation destination in West Africa.”

The project is financed from credit raised by the Ghana Civil Aviation Authority on its own balance sheet with no sovereign guarantee or public charge to its debt stock, the president said

A Turkish company, MAPA Construction and Trade Company, is the main contractor.

On his part, Erdoğan said his country was happy to be associated with the project.

“I believe that with the Terminal 3, Accra will be able to connect to the world in future,” he stated

The transport ministry in 2014 selected international consulting firm, PricewaterhouseCoopers (PWC) as the transaction adviser for establishing the new national airline.

After evaluating bids for the airline carrier, PricewaterhouseCoopers (PWC) settled on Qatar Airways as the best option for Ghana in its quest to find a partner for the new national carrier. PWC also included Delta and South African airlines as alternative options for Ghana.

However, the World Bank raised issues with the whole idea of having a national airline after studying the feasibility report present to it by the PWC.

World Bank subsequently withdrew its financial support.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Part of Legon mall collapsesbullet
2 Gov't postpones start of NABCO programme for the second timebullet
3 George Quaye’s resignation and the deepening woes of Menzgoldbullet
4 Court removes name of one defendant in defunct uniBank casebullet
5 How to create a verified PayPal account Learn how to create a...bullet
6 Investment banks in Ghana Top 5 investment banks in Ghana and...bullet
7 Ponzi schemes in Ghana These investments are Ponzi schemes...bullet
8 Appointments Dr Hazel Berrard Amuah is new Human Resources...bullet
9 How to write a memo How to write a memo like a probullet
10 Gov’t shouldn’t compensate ‘Ponzi scheme’ victims...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 Plane Crash Starbow suspends operations following plane crashbullet
4 Bozoma Saint John 10 quotes from Uber top official, Bozoma, that...bullet
5 Support Finance minister buys Kantanka carbullet
6 New Discovery Ghana discovers new mineral, lithium in...bullet
7 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet

Business

X
Advertisement