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Indian Exim Bank Supports Ghana’s Railway Construction
Ghana has secured financial support from the Indian Exim Bank to construct a railway line from Tema port to Akosombo. The railway line will link northern parts of Ghana through the Volta Lake transport service.
The Minister of Transport, Fifi Kwetey says that the project will greatly develop the transport sector. “The construction of the Tema-Akosombo railway line is a very important project for the country. It will take freight straight from the Tema harbor through Akosombo to go by Volta Lake all the way to the Northern parts of the country,” he said.
He added that the project will also connect West African countries surrounded by land such as Burkina Faso and Mali to the Tema port.
The minister mentioned the Sekondi-Takoradi project saying that it is almost complete. He stated, “The project seeks to improve commuter services between the twin cities and reduce congestion on the road, it will also provide a link from the Takoradi port to a container depot at Sekondi.”
Mr. Kwetey revealed that the ministry is looking for other sources of capital to rebuild the rest of the Western Rail Line. The ministry has requests the collaboration of Ghana Ports and Harbours Authority with GRDA to implement the project.
The projects are all interlocked to free Ghana’s ports from congestion while increasing revenue mobilization.
He says the parliament will soon be approached with the Indian Exim Bank facility after cabinet approval.
Source: Footprint to Africa