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Home Business Aviation

ATM machines cost banks US$10,000 as rent at KIA

2 years ago
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ATM machines cost banks US$10,000 as rent at KIA

Banks that have Automated Teller Machines (ATMs) mounted at the Kotoka International Airport (KIA) are expected to pay US$10,000 equivalent of GHc110,000, as charges for rental of a square for a year, Minister of Transport, Kwaku Ofori Asiamah has disclosed.

Mr. Ofori Asiamah said this on this floor of the House on Thursday when he responded to a question from Ibrahim Murtala Muhammed, Member of Parliament (Tamale Central).

Mr. Murtala Muhammed asked how much government has generated from the private entities operating at the spaces within the Terminal 3 at the KIA from the year 2017 till date.

Responding to the question, the transport minister said “the rate per square meter is charged per annum. The different category of rates per square meter per annum are for commercial category; food and beverage [light restaurant, heavy restaurant and pub] the price ranges from US$280, US$290 and US$300 respectively.”

He further stated that for duty free [arrival space and departure space] -US$500, US$520, pharmacy (US$300), electronics (US$300), jewellery (US$400),business lounges (US$425), CIP Lounge (US$500), Medical Laboratory (US$500), Hotel Lounge (US$650).

Others are offices [airlines,banks,ground handlers] are expected to pay US$650 per square meter per annum.

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Vending machine is charged US$650 per location, as well as wrapping services are levied US$2,500 per machine.

Operating an ATM at the Terminal 3 is levied US$10,000 per machine, which tops all the levies at the airport.

The minister also added that 20 entities are currently operating in the duty-free area of Terminal 3 at KIA, stressing that the contracts were awarded by either advertising the space or upon request from individual/private entities.

According to Mr.Ofori Asiamah, the Terminal 3 at  KIA became operational from September 2018. Revenues generated from September 2018 to December 2022 amounts to GHc136.5m from these private entities through royalties and rent. 

 

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