• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, September 11, 2026
  • 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
in Economy

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

Maynard Championby Maynard Champion
March 9, 2021
Reading Time: 3 mins read
Add as Preferred on Google
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.

 “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.

ADVERTISEMENT

 “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.

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.

ADVERTISEMENT

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.

ADVERTISEMENT

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

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: George Grant University of Mines and Technology.Port of TakoradiPresident Akufo-AddoRailway infrastructureState of the nation address
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 President John-Mahama-IMF Chief Kristalina Georgieva
Economy

IMF Flags Concentrated Fiscal Risks Across Ghana’s Largest SOEs

September 11, 2026
Chief Executive Officer of the Ghana Gold Board (Goldbod), Sammy Gyamfi
Economy

GoldBod Profit-Jump Puts Focus on Long-Term Economic Value

September 11, 2026
A Ministry of Finance graphic projecting 30,000 direct and indirect jobs from the Accra-Kumasi Expressway project.
Economy

30,000 Accra-Kumasi Expressway Jobs Rest on Key Assumptions

September 11, 2026
Teama Port
Economy

GH¢720 Port Cap Puts Ghana’s Trade Costs Under Scrutiny

September 10, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Chairman of the Christian Council of Ghana, Reverend Enoch Nii Narh Thompson

 CCG Calls for Expedited Audit into National Cathedral Project

September 11, 2026
Photo of the Minister of Energy and Green Transition, Dr John Abdulai Jinapor with CBOD Team

Government Turns To Bulk Oil Sector As Downstream Reforms Deepen

September 11, 2026
CBG Launches Inclusive Credit Drive to Transform PWD Businesses

CBG Launches Inclusive Credit Drive to Transform PWD Businesses

September 11, 2026
Kofi Asare, Executive Director of EDUWATCH

Scrapping Categorisation Cannot Solve Placement Problems — Eduwatch Director

September 11, 2026
Hon. Emmanuel Armah-Kofi Buah, Minister of Lands and Natural Resources

“We are Africa’s Gold Coast” – Lands Minister Woos Investors with Ghana’s Mineral Wealth

September 11, 2026
ADVERTISEMENT
Next Post

With the added benefit of affordability

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.