Second phase of Tamale Airport to take off; Parliament approves waiver of $20.9 million

Second phase of Tamale Airport to take off; Parliament approves waiver of $20.9 million

- The construction of the second phase of the Tamale Airport would soon take off after Parliament approves a $20.9 million tax waiver

- The fund would cover the purchase of materials, equipment and vehicles for work to begin on the project

- On July 24, 2018, the commercial contract for work to begin was approved by Parliament

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Members of Parliament (MPs) have expressed their support for the construction of the second phase of the Tamale Airport.

The lawmakers approved the Ghana cedi equivalent of $20,953,066.69 for the purchase of materials, equipment and vehicles for work to begin.

YEN.com.gh understands that the first phase of the hospital was completed in 2016 and KfW IPEX-Bank GmH has agreed to finance the second phase.

READ ALSO: Ghana's cedi ends 2020 Q1 with 1.77% appreciation against the dollar

Per a report by dailyguidentework.com, Parliament, on July 24, 2018, approved by resolution, the commercial contract for works on the second phase to begin.

It includes estimates for the design and execution of the works between the government and a United Kingdom (UK)-based construction firm known as QG Construction Limited.

The company has a local presence and the contract is in the sum of $70 million for phase two.

The $20.95 million waiver is composed of two parts; $1,229,515.69 for local purchases and $19,723,551 on imports of materials, equipment and vehicles to be procured.

The government has argued that the upgrade of the Tamale Airport would position it to handle international operations and make it an alternative to the Kotoka International Airport.

Meanwhile, Parliament has given its approval of a $10.1 million tax waiver for the delivery of medical products by drones by Fly Zipline Ghana Limited.

The waiver applies to materials and equipment to be procured under the service agreement by the parties involved.

The parties to the agreement are the government of Ghana, which is represented by the ministry of health and Fly Zipline Ghana Limited.

Per the terms of the agreement, the drones would be used for the delivery of emergency health and blood products to public health facilities.

READ ALSO: Bank of Ghana advises financial institutions to stop using liquid funds to purchase T-Bills

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Source: Yen

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