GPHA explores funding options to complete Boankra Inland Logistics Terminal as contractors cite funding challenges

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The Ghana Ports and Harbours Authority (GPHA) says it is exploring all possible avenues to ensure the completion of the Boankra Inland Logistics Terminal in the Ashanti Region.

The project has reached only about six percent completion instead of the estimated 20 percent target projected for April 2026, largely due to financial constraints.

Board Chairman of GPHA, Johnson Asiedu Nketia, says government funding sources as well as private sector partnerships are being considered to support the project.

“As a citizen of this country, I believe we can’t allow this project to rot away,” he said.

He added, “We won’t limit ourselves to specific sources of funding. We are looking at private capital, and we will continue to engage the government on it.”

Although the project falls under the Ghana Shippers Authority, GPHA has been a major financier.

In recent times, potential investors have visited the site to inspect ongoing works to inform their investment decisions.

Currently, the terminal area is about 98 percent complete, while the freight station, mechanical workshop, and bonded warehouse are at advanced stages of completion. Some internal road networks within the terminal have also been completed.

Project consultant, Dr. J.B. Koranteng Yorke of Vision Consults, noted that several components have stalled due to funding challenges.

“There are some components that we haven’t started because of funding. The interchange is one of them. The fire station is about forty percent completed,” he said.

Contractor Justmoh Construction says it has deployed equipment and staff to continue work, but progress has slowed due to inadequate funding.

“We as contractors have exhausted all our lines of credit. It is very tough for us. Keeping skeletal staff here is very costly. The capacity of equipment and all we were using here are parked. Hopefully, something better comes up very soon,” contractor Justice Amoh explained.

Although the government’s debt situation remains undisclosed, it is believed that settling outstanding obligations could help accelerate completion of the project.

Meanwhile, the Ghana Shippers Authority has expressed satisfaction with the pace of work but admits more progress is needed.

According to CEO Prof. Ransford Gyampo, “the Ghana Shippers Authority undertakes a monthly site visit of the project, and I am happy to say that every time we come here we see slight progress. I know that if we have funding, we would do better.”

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