Accra, July 8, GNA -Parliament on Tuesday, through a resolution, approved an 80-million dollar facility to implement Ghana’s component of the West Africa Transport and Transit Facilitation project.
The project involves, among others, the rehabilitation of the Buipe-Tamale road, construction of major rest stops along the Tema-Paga road corridor and the construction of satellite transit truck villages along the Tema port.
The loan would help in the construction of four main rest stops to be constructed for transit trucks at Savelugu, Sakam, Kintampo and another one to be sited between Kumasi and Nsawam.
A Finance Committee report presented to the House said the transport sector in West Africa played a key role in economic development generating about six percent of the sub-region’s gross domestic product.
It said the sector had become the most dominant mode of transportation in the region accounting for 85 per cent of passenger and freight. The report said the project would therefore help improve the region’s transport corridors in terms of cost, reliability, transit time and service delivery. 08 July 08
Source: GhanaWeb
