October 23, 2021


 Management of Ghana Airport  Company Limited (GACL) has reiterated its earlier explanation that the Kotoka International Airport is not for sale or being privatised” as alleged by former President John Dramani Mahama.

The Airport company last month refuted report purporting that the country’s main airport, the Kotoka International Airport (KIA) is on the verge of being privatized hence sold out to some alleged foreign investors after some staff of the company held a demonstration against the government and their Managing Director.

former President John Mahama in a Facebook live interview on Woezor TV accused the government of seeking to hand over 66% share of the Kotoka International Airport to Tam-Summa Consortium, a Turkish company.

 “When we were in office, a valuation study of the Kotoka Airport was done and it was valued at over GH¢ 5 billion. It also had an insured value in the region of GH¢3 to GH¢4 billion because a lot of money had been invested in the airport and it had become one of the five best airports in Africa.

“ We are seeing a strange development where a Turkish company is being given the airport; to take over the airport and run it. For US$70 million we are giving 66% of the airport to a Turkish company. We are against it. It is wrong,” Mr Mahama said.

Reacting to the Ghana Airport Company Limited described as factually inaccurate claims made by former President John Dramani Mahama in connection with recent happenings at the Kotoka International Airport (KIA).

According to management, while “an unsolicited proposal has been received from a Turkish Consortium which is yet to be considered”, there is currently no plan for the facility to be sold or privatized.

In a  statement sighted by Kingdomfmonline.com ,the management indicated that “It is rather unfortunate that certain figures from the proposal are being used to peddle untruths”.

“Claim by Mr Mahama that an investment of $600 million was made at Kotoka is incorrect. The amount may be in reference to funding of projects in all airports including $130 million runway project at Tamale Airport and $25 million new airports in Ho.”

Again, the management says it has met its loan repayment obligations contrary to claims made by Mahama.

It also noted that since the outbreak of the coronavirus and its effect on various sectors in the country, the government has extended its relief programme to support the Ghana Airport Company Limited; contrary to claims by the opposition.

The statement concluded by assuring “the general public that Kotoka International Airport is not for sale”.

“The vision of making Ghana the preferred aviation hub and leader in airport business in West Africa remains a priority”, it said.

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