Ghana railway sector requires about US$1bn to improve. This is according to Joyce BawaMogtari the Deputy Transport Minister. She added that, the government is much interested and focused to secure the necessary funds to support and implement the proposed plan to develop the rail sector in the country.
It is known that, for the past 7 years Ghana railway sector has been deteriorating for failing to commit the required funds towards the rail sector. However, the rail issue has been on the top list of the government’s agenda, optimistic to rescue the deteriorating sector in the country.
Moreover, talks are ongoing between the government and the potential private investors to develop and improve the Ghana railway sector. Despite the government willingness to develop the rail sector, the government is currently undergoing financial challenges to contribute to the rail sector as the government is presently involved in funding several infrastructural projects across the country.
Nonetheless, with the requisite funding, the government, through the Transport Ministry will have the railway master plan implemented. This will also help in addressing the severe challenges faced by the sector. In reference to the transport ministry, the Accra-Nsawam railway is the only well built transport means in the rail sector.
However, rehabilitation work on the Sekondi-Takoradi railway line is ongoing and in good progress. The government is also seeking to secure funds from the private sectors to support the development of the Accra-Kumasi railway linking it to the Boankra inland port. Measures are also being put in place to connect the new Free Zones enclave to the Tema port.