• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 3, 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 General News

Government Cannot Fund Sky Train Project in Three Years- Peter Amewu

Maynard Championby Maynard Champion
December 2, 2021
Reading Time: 3 mins read
Add as Preferred on Google
Minister for Railway development, John Peter Amewu

Minister for Railway development, John Peter Amewu

The Minister of Railways Development, John-Peter Amewu, has intimated that government cannot fund the construction of a 12-billion-dollar sky-train project in the next three years because its balance sheet cannot support that.

He stated that constructing a sky-train can cost between 11 to 12 million dollars per kilometre, noting that considering the government’s current balance sheet and fiscal space, it would be impossible to undertake such a project.

“Constructing a sky-train is not like building a road so, if we consider a period of three years, it is impossible. Sometimes, we have to be honest and objective and that’s why I said for the period of three years, it is not possible”.

John-Peter Amewu

The Minister refuted claims that government had signed a concessionaire agreement with a South African company to build a sky-train in Ghana, and explained that, it was rather a Memorandum of Understanding, which is not binding.

Peter Amewu announced that government has paid 68 million euros to Amandi Holdings Limited to begin construction works on the Manso-Huni Valley rail line in the Western Region.

5483 tn gh dmu accra tema

Mr. Amewu speaking on Government’s strategy to mobilize funds for its railway projects disclosed that, the project forms part of a standard gauge rail line between Takoradi Harbour and Huni Valley.

The Minister revealed that the project will provide 60km of single track lines, eight basic stations along the existing line from Amantin to Huni Valley. These will include access roads, CCTV and access control, backup generator and water tanks.

The project, he averred, will include 10km of loop lines and stations’ double lines to improve availability of the line for express trains.

ADVERTISEMENT
Ongoing railway projects

Peter Amewu updated the public on the various ongoing railway projects across the country including, the 670-kilometre Central Spine Railway Line from Kumasi to Paga estimated at three billion dollars; Trans-ECOWAS Railway line from Afloa to Elubo, and the 1,100-kilometre Ghana-Burkina Faso Railway Interconnectivity Project.

The Minister stated that the rehabilitation of the section of Accra to Tema rail line was completed in December 2018 and provides shuttle services while the Achimota to Nsawam railway line was completed in December 2019.

He indicated that the 97.7-kilometre Tema to Mpakadan section, which falls under the Mpakadan-Ouagadougou rail line project, was 90 per cent complete.

As part of government’s efforts of building human capacity to maintain the railway infrastructure, Mr Amewu disclosed, the Old Railway Training Institute in Sekondi has been rehabilitated and upgraded to award degrees in Engineering.

“Additionally, two out of the seven Railway Location Workshop Complex for maintenance of locomotives, wagons, and coaches have been refurbished while the remaining five workshops were ongoing refurbishment”.

John-Peter Amewu

Mr. Amewu iterated government’s commitment to revamping the country’s railway infrastructure to create jobs and transform the economy. He mentioned that sources for funding railway infrastructure had become very difficult due to the global COVID-19 pandemic, therefore, the only way Ghana could fund its railway projects was through payment of levies and taxes by the citizens.

“Infrastructure projects all over the world are funded by the citizens and so, if we, the citizens, decide to build our infrastructure projects, we can do it. We, the citizens, are the development agents and the only way we can fund such projects is through internally-generated funds by paying our levies and taxes”.

John-Peter Amewu
Read Also: Drop E-Levy, It’s Distortionary, Discriminatory And Inefficient – Economists Warn
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: general newsGhana NewsrailwayRailway DevelopmentTransport Ministry
Please login to join discussion
Previous Post

Monthly Market Review: Benchmark GSE-CI Climbs on Thinner Trade

Next Post

We should be worried about uninsured government properties- Hollard CEO

Related Posts

Honourable Alfred Okoe Vanderpuije
General News

Appointments To Local Governance Must End — Ablekuma South MP

August 2, 2026
President John Dramani Mahama
General News

Mahama Slams Dumping Habits Over Tema Fishmongers’ Unsanitary Video

August 2, 2026
Gilbert Boateng Agyare, Convener of the Coalition of Unemployed Graduates with Disability,
Education

Coalition of Graduates With Disabilities Give Government Ultimatum Over GES Recruitment

August 2, 2026
Professor Christian Agyare
General News

Prof. Christian Agyare Officially Invested as 13th KNUST Vice Chancellor

August 1, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

17856655822053698681263379871536

Isaac Mortey Urges Government to Invest in Other Sports Aside Football

August 3, 2026
 By Ransford Brobbey, a Political Scientist and Associate with IMANI Centre for Policy and Education

The Constitutional Conundrum: Analyzing Ghana’s Supreme Court Verdict on Internal Party Democracy

August 2, 2026
President Mahama in a picture members of the Constitutional Review Committee

Government’s Position Paper on CRC Report: MMDCE’s Election Plan Is A  Retreat in Substance

August 2, 2026
Ghana vs Cameroon, 2026 WAFCON Group D fixture in Morocco

WAFCON 2026: Black Queens Suffer Narrow Defeat to Cameroon

August 2, 2026
Greenstreet Reveals Ambitious International Banking Strategy for Ghana

Greenstreet Reveals Ambitious International Banking Strategy for Ghana

August 2, 2026
ADVERTISEMENT
Next Post
Patience Akyianu, Group Chief Executive of Hollard Ghana,

We should be worried about uninsured government properties- Hollard CEO

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.