By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    A/R: Mahama cuts sod for 1,000-unit Green City Housing Project at Dedesua
    May 9, 2026
    Rent Control Commission cracks down on exorbitant hostel fees around KNUST
    May 9, 2026
    Energy Minister assures Kumasi of stable power supply by third quarter of 2026
    May 8, 2026
    High Court overturns US$33.3m arbitral award against Justmoh Construction
    May 8, 2026
    Man arrested for allegedly issuing death threats to Police and military in viral video
    May 8, 2026
  • Business
    BusinessShow More
    Ghana Mine Workers Union hails Heath Goldfields for settling $22 million legacy debt
    May 8, 2026
    High Court overturns US$33.3m arbitral award against Justmoh Construction
    May 8, 2026
    DDEP contributed to BoG losses, but they are “stabilisation costs” – Felicity Nelson
    May 7, 2026
    BoG losses not justified by inflation gains – Dr. Kwasi Nyame-Baafi
    May 6, 2026
    Stakeholders push for National Soybean Strategy to strengthen Ghana’s agribusiness sector
    May 6, 2026
  • Politics
    PoliticsShow More
    The Damang Gold and the Economy of Ghana: State Ownership versus Ibrahim Mahama’s E&P
    May 10, 2026
    A/R: Mahama cuts sod for 1,000-unit Green City Housing Project at Dedesua
    May 9, 2026
    Tell the public you’re the cause of the delays, not the Judiciary – Judge fumes at Wontumi’s lawyers in Samreboi trial
    May 7, 2026
    Former NPP Chairman, Afoko meets Bawumia, Akufo-Addo et al for Unity talks
    May 7, 2026
    Ghana, UAE to deepen energy cooperation, explore oil storage and renewable transition
    May 7, 2026
  • Entertainment
    EntertainmentShow More
    Gospel legend Yaw Sarpong goes home on May 9 in Kumasi
    May 7, 2026
    Kojo Antwi to headline 2026 EU-Ghana Golden Jubilee event
    May 6, 2026
    Ghana’s Film Industry Is Not Broke, It Is Stuck
    May 5, 2026
    Best Girlfriends Podcast announces kid influencer Simply Mary as new fourth host
    May 5, 2026
    TGMA 2026 AOTY battle: Wendy Shay is the Yaa Asantewaa of Ghana music today – MC Portfolio
    May 2, 2026
  • Sports
    SportsShow More
    World Athletics President arrives in Ghana for 24th African Seniors Athletics Championship
    May 9, 2026
    Damba Marathon 2026 gains royal endorsement after courtesy visit to Gbewa Palace
    May 9, 2026
    Joseph Paul Amoah confident as Team Ghana prepares for 24th African Athletics Championship in Accra
    May 8, 2026
    PSG hold Bayern to reach back-to-back Champions League finals
    May 6, 2026
    Carlos Queiroz names Pre-World Cup squad; drops big names, calls up 6 local players
    May 6, 2026
  • Technology
    TechnologyShow More
    Yahoo Finance spotlights Katon Meet as a strong video conferencing platform
    May 7, 2026
    African-Led ANH-ARC platform launches in Ghana to transform food systems, nutrition and health
    May 2, 2026
    Amardeep Singh Hari named Ghana’s most influential tech entrepreneur of all time
    April 30, 2026
    Yellow Card publishes 2026 report on data protection and AI governance
    April 23, 2026
    Master AI and cybersecurity to fight fake news – Dr Zanetor Rawlings to Ghana’s youth
    April 22, 2026
  • International
    InternationalShow More
    World Athletics President arrives in Ghana for 24th African Seniors Athletics Championship
    May 9, 2026
    Deputy Transport Minister expands China visit to tourism, arts and cultural cooperation
    May 7, 2026
    PSG hold Bayern to reach back-to-back Champions League finals
    May 6, 2026
    Arsenal beat Atletico Madrid to secure Champions League final spot
    May 6, 2026
    Ghana to host global leaders for reparatory justice conference after landmark UN resolution
    May 4, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Accra sky train project remains on course – Govt
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors Pick

Accra sky train project remains on course – Govt

Starrfm.com.gh By Starrfm.com.gh Published July 14, 2020
Share
SHARE

The Ministry of Railways Development and its South African counterparts say they remain strongly committed to the Accra Sky Train Project.

Contrary to media reports suggesting that the project is a fiasco, both the Ministry of Railways Development and the Government of Ghana on one hand, and the South African Investors, are eager to get the project started.

But the coronavirus pandemic has posed a stumbling block on the commencement of the Sky Train Project.

The agreement for the Accra Sky Train Project was signed in November 2019.

Per the agreement, the investors, who are South Africans, were supposed to visit Ghana to conduct the final feasibility study based on which both parties will get the necessary approvals for the project to start.

The required approvals are to be obtained from the Public Procurement Authority (PPA), the Accra Metropolitan Assembly (AMA), Parliament of Ghana, Environmental Protection Agency, Ministry of Roads and Highways and any other Local Government areas the train will pass through.

But due to the outbreak of the coronavirus and subsequent border closures in South Africa and Ghana, the investors have not been able to visit Ghana at the time they had planned to visit the country to undertake the final feasibility study.

Also, contrary to media reports, neither the Minister of Railways,  Joe Ghartey nor the Ministry of Railways Development, has said that the project would be completed by August 2020.

During the signing ceremony as part of the African Investment Forum’s Invest in Africa’s Space event in Johannesburg, South Africa, Hon. Ghartey clearly admitted that there were lots of work to be done before the Sky Train Project can become a reality.

“What we have signed today is a concession agreement but we still have some work to do. We will work hard and work together. We think it is achievable, we must make it work,” Hon. Ghartey had said at the signing ceremony.

The Minister in recent weeks, had expressed worry about the delay of the project caused by coronavirus.

Hon. Ghartey has pointed out his strong desire to have the South Africans visit Ghana and have the final feasibility study conducted to get work started on the project.

He continues to pray for the pandemic to be brought under control to allow borders to reopen so the South African Investors can visit Ghana.

The Ministry has therefore appealed to the general public to disregard reports suggesting that the project is a fiasco. The Ministry assured that the South Africans will visit Ghana once borders are reopened so they can complete the final feasibility study before the necessary approvals from PPA, Parliament, AMA, Ministry of Roads and Highways, and the Environmental Protection Agency can be obtained.

An MoU was signed in November 2018, which aided the South Africans to undertake a preliminary work on the project.

Based on the preliminary work, the Concession agreement was signed in November 2019.

The Concession agreement was to enable the investors do more work to bring up the engineering design and the exact cost of the project, among others.

Based on the report from the feasibility study, the Railways Minister would go to parliament to seek approval for the project.

Also, an environmental impact assessment of the project is expected to be carried out to determine the issue of compensation payment.

The investors and the Ministry are considering undertaking a post-Covid19 assessment of the project.

The signing of the concession agreement was between the Government of Ghana and AiSky Train Consortium of South Africa.

About Sky Trains

Sky train systems are pre-fabricated using precision moulded, pre-stressed reinforced concrete components that are capable of being installed at a very rapid rate, meaning that there is minimal disruption and congestion in the urban area that is undergoing installation and commissioning.

The proposed sky train initiative in Accra provides for the development of five (5) routes, four (4) of which are comprised of radial routes that originate at the proposed sky train terminal, at the heart of Accra, at a newly developed Kwame Nkrumah circle, and one (1) route that provides and intra-city commuter loop distribution service, also emanating from Circle. The project envisages a total track length across all routes of 194 kilometres.

The SkyTrain is to be financed by the Ghana Infrastructure Investment Fund (GIIF), an independent fund set up by the government, and the Africa Investment SkyTrain Consortium of private companies, African Export–Import Bank, also referred to as Afreximbank.

It will also have the support of the African Development Bank, a regional multilateral development finance institution.

President of the African Development Bank

President of the African Development Bank, Akinwumi Adesina, it would be recalled, while demonstrating the Bank’s strongest commitment to the project, observed at the signing ceremony that African Development Bank will continue to work with all other partners in the Consortium to make the Project a reality.

He said “What you are witnessing today is very significant in another sense, this is Africa to Africa investment. This is an investment of 2.3 billion dollars made up of a consortium of South African investors that are investing in another African country.”

Government is hopeful that when the project is undertaken, it will help to decongest traffic in Accra.

Source: Ghana/Starrfm.com.gh/103.5FM

You Might Also Like

Ghana Mine Workers Union hails Heath Goldfields for settling $22 million legacy debt

High Court overturns US$33.3m arbitral award against Justmoh Construction

DDEP contributed to BoG losses, but they are “stabilisation costs” – Felicity Nelson

BoG losses not justified by inflation gains – Dr. Kwasi Nyame-Baafi

Thoughts of a Ghanaian Youth: Has Ghana Really Progressed Since 1992?

TAGGED:ACCRAai sky train project
Share This Article
Facebook Twitter Email Print
Share
Previous Article Man, 37, commits suicide at Nkawkaw
Next Article COVID-19: Calls for schools’ closure knee-jerk – UG Dean

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?