We have secured a $2 billion facility from Korea to develop Capecoast airport - Bawumia

Aug 19, 2024 - 13:09
We have secured a $2 billion facility from Korea to develop Capecoast airport - Bawumia

The flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia has outlined his plans to develop the Cape Coast Airport if elected president.

He made these revelations during the NPP's manifesto launch in Takoradi on Sunday, August 18, 2024.

According to him, a $2 billion facility had been secured from Korean investors for the project. He highlighted the need for an increase in public infrastructure, detailing his government's plans to improve Ghana's aviation industry.

Dr. Bawumia also promised to help create a private-sector-led Maintenance, Repair, and Overhaul (MRO) facility at Tamale Airport, placing it as a center for aviation cargo, horticulture freight, and logistics.

“[I will] Facilitate the establishment, by the private sector, of a Maintenance, Repair and Overhaul (MRO) facility at the Tamale Airport, to develop it into an aviation cargo, horticultural cargo, and logistics hub, commence the development of the Cape Coast Airport, for which funding has been secured under the Korean $2 billion facility, in collaboration with the private sector, build an airport in the Upper East Region," he said.

Source: Lead News Online