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Article: Railways seek $1.6bn upgrade: Ghana's ancient railway network will get a new lease of useful life through a $1.6bn development project which will see it extended to the north of the country and stronger links established to neighbouring countries. George Frank Asmah reports from Accra.(GHANA)
- Article from:
- African Business
- Article date:
- April 1, 2005
- Author:
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Ghana is vigorously implementing strategic initiatives to expand and modernise the country's century-old railway system. The government has already solicited external financial support to undertake feasibility studies geared towards the estimated $1.6bn project and parliament has passed a new act establishing the Ghana Railway Development Authority (GRDA).
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According to Ghana's President Kufuor, "The GRDA will be responsible for the national rail network expansion, the Accra-Tema suburban rail network and will manage rail assets, regulate rail operations, as well as carry out future railway development programmes for the government." ...