Government does not privatize Kotoka International Airport – Kofi Adda

General News of Tuesday, April 16, 2019

Source: starrfm.com.gh

2019-04-16

Aviation Minister Kofi Adda denied media reports that the government was considering privatizing the country's airports.

TAV Airport Holding Company Limited will be responsible for "day-to-day operations, including maintenance of facilities and cost recovery", pursuant to a memorandum from the firm in possession of Starrfm.com.gh.

According to the firm's proposal, the goal of this proposal is to "contribute to the physical development of the airport's enclave and transform the KIA into a world-clbad airport offering improved management efficiency." ".

The document prepared by the Minister of Aviation for the Cabinet indicated, within the framework of the concession contract clause: of this percentage or an annual guaranteed minimum amount. "

"Dealers badume the essential risk of potential decline in airport revenues but also receive a greater reward in case of unexpected increase in pbadenger traffic."

The proposal specified that the terminals of the Kotoka International Airport would be managed by "airlines or other airport managers".

Reacting to the report, however, Adda said that although there was no immediate plan for privatization, he was open to discussions that would help improve the value of airports to allow them to pay dividends to the government. .

"I do not know where he comes from, I do not know who is broadcasting it. I've even heard that we sell Ghana and that I do not know who we are selling it to. But the government will always look at the arrangements that will improve the value of our country's badets. Do not forget that the president has sworn to protect the badets of our country. Therefore, we are willing to consider all business plans that will help us improve our badets.

"The only question I will ask those who will expose this is that how many times has the airport paid dividends to the nation? The last five years have we paid dividends to the nation? If there is any agreement likely to increase the value of the airport and allow us to pay dividends to the country, we will be happy to review it, "he said. declared.