Kotoka International Airport ready for privatization



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General News of Tuesday, April 16, 2019

Source: citinewsroom.com

2019-04-16

Joseph Kofi Adda Aviation New Kofi Adda, Minister of Aviation

The Ministry of Aviation has proposed to transfer the management of Kotoka International Airport to a private company, according to a draft note to Cabinet for the media.

A private company, Tav Airport Holding Company Limited, is under consideration for a terminal management contract or concession contract for the airport, which processes an average of 4,706 pbadengers per day.

The Ministry of Aviation received a proposal from Tav Airport Holding "aimed at contributing to the physical development of the airport enclave".

Under the proposed Terminal Management Agreement, the terminals located within the airport will be managed by the airlines, while airport ownership and activities will remain under the responsibility of the airport. l & # 39; State.

For the concession contract, the concession manager will be responsible for "all aspects of daily operations".

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

The proposal urged the Cabinet to "review and approve the policy of the Ministry of Aviation to facilitate the commitment of Tav Airports Holding Company Limited as a strategic partner for the management of the international airport of Kotoka ".

The proposal cites New Zealand as an example where the private sector was involved in airport management "to free the government from the heavy tax burden and to increase the contribution of the airport industry to the economy by improving its efficiency".

The ministry argued that "the participation of the private sector will bring the equity investments needed for the transformation of the sector, which will enable KIA to become competitive in the subregion of Africa." West and throughout the continent ".

He also specified that such an initiative will aim to provide "the financial strength needed for infrastructure and technology investments in the sector".

The Ghana Airports Company Limited is the current airport manager, created following the decoupling of the existing Ghanaian Civil Aviation Authority (GCAA).

The company was registered in January 2006 with specific responsibilities in the planning, development, management and maintenance of all airports and aerodromes of Ghana, including Kotoka International Airport (KIA), Kumasi Airport , Tamale Airport, Hoyani Airport, WA Airfield Landing Slopes.

Ghana Airports Company Limited is an implementing agency under the Ministry of Aviation and has been operational since 2007.

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