• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, December 21, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Gov’t is mobilizing $2 billion towards railway infrastructure development – Prez

M.Cby M.C
March 9, 2021
Reading Time: 3 mins read
Gov’t is mobilizing $2 billion towards railway infrastructure development – Prez

President Akufo-Addo

President Akufo-Addo has stated that the government is mobilizing about $2 billion towards the development of railway infrastructure and services. According to him, the benefits of creating the Ministry of Railways Development are showing.

He indicated that the government has rehabilitated a section of the narrow-gauge Western line from Kojokrom to Tarkwa through Nsuta. This is to facilitate the haulage of manganese from Nsuta to the Takoradi Port. Another aim is to provide a passenger rail service along the corridor.

Specific railway projects

Touching on other projects within the railway sector, the President indicated that the construction of a new standard gauge line from Kojokrom through Eshiem to Manso is ongoing.

RelatedPosts

Ghana’s Economic Resilience Must Persist, Not Rebound – UNCTAD

Ghana’s Appreciated Cedi Threatens Economic Dislocations

Ghana’s Primary Target Crushes Debt Demons

 “A five hundred-million-euro (€500 million) contract has been signed for the construction of a standard gauge railway line from Manso to Huni Valley”.

 He explained that the contract includes the conversion of the narrow-gauge tracks between Takoradi and Sekondi to standard gauge. It also includes the development of standard gauge tracks from the Takoradi station to the Takoradi Port for efficient and effective access for cargo handling.

 “The development of the project will result in the construction of 102km of rail tracks between the Port of Takoradi and Huni Valley. Contracts for standard gauge railway lines from Kumasi to Kaase, Kaase to Eduadin, Eduadin to Obuasi, Eduadin to Ejisu with a linkage to the Boankra Inland Port, Manso to Dunkwa, have all been signed”.

He further indicated that the Tema to Mpakadan rail project is currently about 80% complete. He added that the rehabilitation of the Railway Training School and two location workshops are also near completion.

 Meanwhile, the president stated that the Ghana School of Railways and Infrastructure Development, has matriculated its first batch of students.  He further revealed that the school will begin awarding certificates and diplomas in engineering and other related courses. The school is under the George Grant University of Mines and Technology.

ADVERTISEMENT

Second Year of Roads

The president also highlighted the progress in road construction after his declaration of 2021 as the “Second Year of Roads”.  He explained that the aim of the declaration is to continue to prioritize road construction. This according to him, will make it possible to complete road projects started under the Sinohydro facility.  It will also aid the completion of interchanges that are at various stages of completion.

Meanwhile, the President hinted that to revive the fortunes of the metro mass public transport system, the Government has provided a total of 100 buses each for Metro Mass Transit Limited (MMTL) and Intercity STC Coaches Limited.

Maritime and inland waterways transportation

He also hinted that the construction of a new dedicated container terminal at the Tema Port is underway. Meanwhile, he noted that 3 out of 4 berths are now ready to facilitate maritime and inland waterways transportation.

President Akufo Addo further noted that the development of a multipurpose container terminal at the Takoradi Port is progressing. He noted that work on Yeji-Aworjekope is also ready to improve the safety of navigation and reduce accidents on Volta Lake.

The construction of ferry landing sites along the Volta Lake at Dambai and Dambai Overbank is sixty-eight (68%) complete. Whilst that of Yeji, Makango, and Agodeke is forty-six percent (46%) complete. In total, seven (7) rescue and high-speed patrol boats have been procured by the Ghana Maritime Authority. They were deployed into service to improve the safety and security of the maritime domain and inland waterways.

READ ALSO : Agyapa Deal To Be Back In Parliament For Engagement- Akufo-Addo

Tags: George Grant University of Mines and Technology.Port of TakoradiPresident Akufo-AddoRailway infrastructureState of the nation address
Share9Tweet6Share2SendSend
Please login to join discussion
Previous Post

We experienced no food shortages during COVID-19 Pandemic – Prez. Akufo Addo

Next Post

With the added benefit of affordability

Related Posts

Ghana's economy
Economy

Ghana’s Economic Resilience Must Persist, Not Rebound – UNCTAD

December 21, 2025
Ghanaian Cedi
Economy

Ghana’s Appreciated Cedi Threatens Economic Dislocations

December 20, 2025
Ghana's Primary Target Crushes Debt Demons
Economy

Ghana’s Primary Target Crushes Debt Demons

December 20, 2025
Dr. Cassiel Ato Forson, Minister of Finance
Economy

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

December 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Economy

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

December 19, 2025
President John Dramani Mahama
Economy

Gov’t to Balloon Export Growth Via Credit Facilities for Exporters

December 19, 2025
GoldBod Jewellery
Extractives/Energy

GoldBod Jewellery Partners Tourism Authority to Offer Diasporans Dec. Discounts and Gold Keepsakes

by Bless Banir YarayeDecember 21, 2025
Ghana's economy
Economy

Ghana’s Economic Resilience Must Persist, Not Rebound – UNCTAD

by Michael Teye-Bio NaduteyDecember 21, 2025
Dr. Patrice Motsepe, President of CAF
Sports

CAF Ends Biennial AFCON after 2028, Adopts Four-Year Cycle

by Evans Junior OwuDecember 20, 2025
Opinions

West Africa’s Democracy and the Failed Coup d’état in Benin

by thevaultzDecember 20, 2025
President John Dramani Mahama
General News

Mahama Inspects Takoradi–Agona–Nkwanta Road, Directs $78m Payment to Speed Up Completion

by Evans Junior OwuDecember 20, 2025
Ghanaian Cedi
Economy

Ghana’s Appreciated Cedi Threatens Economic Dislocations

by Michael Teye-Bio NaduteyDecember 20, 2025
GoldBod Jewellery
Ghana's economy
Dr. Patrice Motsepe, President of CAF
President John Dramani Mahama
Ghanaian Cedi

Recent News

GoldBod Jewellery

GoldBod Jewellery Partners Tourism Authority to Offer Diasporans Dec. Discounts and Gold Keepsakes

December 21, 2025
Ghana's economy

Ghana’s Economic Resilience Must Persist, Not Rebound – UNCTAD

December 21, 2025
Dr. Patrice Motsepe, President of CAF

CAF Ends Biennial AFCON after 2028, Adopts Four-Year Cycle

December 20, 2025
West Africa Project Scorecard

West Africa’s Democracy and the Failed Coup d’état in Benin

December 20, 2025
President John Dramani Mahama

Mahama Inspects Takoradi–Agona–Nkwanta Road, Directs $78m Payment to Speed Up Completion

December 20, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address