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General News of Thursday, 18 April 2019

Source: www.ghanaweb.com

KIA not up for sale – Government ‘rubbishes’ news of privatization

Kofi Adda is Aviation Minister Kofi Adda is Aviation Minister

The Ministry of Aviation has denied suggestions that the new Kotoka International Airport is being sold to a private company for enhancement of its value, performance and international competitiveness.

News went thrive this week that the airport is being considered for privatization with some suggesting that it may be sold to a Turkish Company by name TAV Airport Holding Company Ltd. Per reports, the new company was to handle the ‘day to day operations including facility maintenance and fees collections’ to help sustain the Airport which has been struggling in recent times.

A statement released by the Aviation Ministry however refutes the suggestions, emphasizing the commitment of the ministry to protect best practices and protect the assets of the institution.

According to them, information circulating emanates from misconstrued pieces of initial considerations of a possible management model for the KIA.

“The Ministry has no plans whatsoever to recommend neither does the Government of Ghana have plans to approve a privatization or sale of the Kotoka International Airport. Cabinet has not been requested, neither has the Ministry of Aviation submitted a Cabinet Memorandum recommending approval for the privatization or sale of the Kotoka International Airport”, it maintained.

A partnership with Ghana Airports Company Limited (GACL) rather is what they insist the Ministry is considering to provide management services to manage the financial and operational functions for the development of GACL.

They therefore urged the general public to disregard any suggestions of privatization or sale of the Kotoka International Airport.

Read the full statement below:

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