The Ghana Railway Development Authority (GRDA) has launched a thorough railway master plan aimed at linking major cities across the country, providing a reliable option for both freight and passenger transport.
Dr. Frederick Appoh, Chief Executive Officer of GRDA, stated at the launch ceremony that the initiative seeks to improve efficiency, increase returns on investment, and attract participation from the private sector.
He explained that this development will significantly impact the transportation of bulk goods from Ghana’s mining sector, including manganese, bauxite, and iron ore, as well as facilitate connections to cocoa-producing areas.
According to him, while passenger services by themselves might not yield profits, integrating freight opportunities renders the railway a feasible investment.
Known as the Ghana Railway Master Plan 2026, the initiative will be presented through a national roadshow to solicit interest from potential private investors.
“This master plan largely looks at how we can provide incentives and return on investment. Return on investment can largely come about through what I call connecting the railway to our mining sectors,” Dr. Appoh said.
“The good news is that this has been done in tandem with GIADIC and GISDEC. We are now working with trade, mining, and other relevant agencies to finalize the plan,” he said.
He was optimistic that the new initiative will not only enhance rail transport but also stimulate billions of dollars in private investment in railway infrastructure.
By: Rainbowradioonline.com/Ghana
