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Business opportunities in transport upgrade program
Sat, 07 Jan 2012 10:00


Region
Ghana

Sector
Infrastructure
Transportation

Summary:
The government of Ghana has identified transport as one of the priority areas for development under the Medium Term Plan. Upgrading of existing infrastructure and provision of transport services offer exciting opportunities.
Contact
Edward Ashong-Lartey

Email
eashonglartey@gipcghana.com

Tel
+233 302 665125 - 9


Identified as one of Ghana's priority areas to be developed under the medium-term plan, upgrading and expansion of existing infrastructure and provision of transport services offer potentially lucrative opportunities.

Investment opportunities include upgrading of rail networks, provision of passenger rail transport on chosen corridors, upgrading of the lake transport system (to facilitate trade trade to and from land locked neighbouring countries such as Burkina Faso, Mali and Niger), and upgrading existing trunk roads. The proposed investments are under BOT, BOO, BAT and BLT.

Sector: Ghana is seeking public private partnership to develop infrastructure and transportation. Major opportunities in the sector involve contracts between the Ministry of Road and Transport (MRT) and local and international engineering firms via competitive bidding. Privatisation of many government owned transport and logistics enterprises has led to greater efficiency, even though the government continues to fund road construction and maintenance, which are implemented by private companies.
Eligibility for bidding on public road construction and rehabilitation projects requires the registration of prospective contractors with the ministry. Development institutions such as the World Bank, African Development Bank, JICA, USAID, DANIDA, DFID and GTZ often underwrite road projects tendered by the MRT.

For more information on investing in Ghana contact the Ghana Investment Promotion Center (GIPC).

Key contact:

Edward Ashong-Lartey
Director, Promotions & Public Relations
eashonglartey@gipcghana.com
Tel: +233 302 665125 to 9


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