GACL: Akufo-Addo selects Turkish company to revive aviation sector
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GACL: Akufo-Addo selects Turkish company to revive aviation sector

- President Akufo-Addo has selected a Turkish firm, TAV-Summa Consortium, to help improve Ghana's aviation industry

- The local union of the Ghana Airport Company Limited has, however, expressed reservations about the deal

- It argued that there was no need for such an act as the company is doing well

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YEN.com.gh has learned that President Akufo-Addo has approved the selection of Turkish firm, TAV-Summa Consortium, to help revive Ghana’s aviation sector.

The Turkish firm is coming on board as a strategic partner to the Ghana Airports Company Limited (GACL).

The selection ends a yearlong search for such a partner, a move that was opposed by the local union of the company.

GACL: Akufo-Addo selects Turkish company to revive aviation sector

Minister of Aviation, Joseph Kofi Adda Source: The Independent Ghana
Source: UGC

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The deal follows a request from the Ministry of Aviation for such a partner and a response from the Secretary to the President, Nana Bediatuo Asante.

Per a graphic.com.gh report, a letter from the aviation ministry noted that the GACL expressed delight at the deal.

It hoped the partnership would bring with it mutual benefits for the two parties.

However, GACL’s local union is unhappy about the deal and described the move by the government as unfortunate and unacceptable.

According to its chairman, Issaka Bamba, the move was wrong because the company was performing well, was profitable, and was servicing its debts.

For that reason, he went on, there was no need for the selection of an international partner.

In other news, the Ghana Cocoa Board has announced it has received $200 million out of the $600 million to improve cocoa production.

With observers all over the globe witnessing the event, a ceremony was held in Accra to mark the receipt of the fund.

YEN.com.gh understands that the board intends to use the funds to increase cocoa yields per hectare and increase Ghana’s overall production.

READ ALSO: World Bank gives Ghana $315 million to create jobs and develop skills

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Source: Yen

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