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CEO of Justmoh Construction urges Parliamentary intervention for Boankra Logistics Terminal funding

1 year ago
in Business, Economy, Editor's pick, Features, highlights, Home, home-news, latest News, Trade, Transport
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CEO of Justmoh Construction urges Parliamentary intervention for Boankra Logistics Terminal funding

The Chief Executive Officer (CEO) of Justmoh Construction Limited, Dr. Justice Amoh, currently overseeing the construction of the Boankra Integrated Logistics  Terminal project(BILT), has appealed to Parliament to intervene and ensure that funds are made available for the completion of phase one of the project, which is forty percent complete.

According to Dr. Amoh, this is an important national project. Despite not receiving payments since November 2023, they have been in contact with their banks to ensure the project’s continuation.

Dr. Amoh made this appeal when the Committee on Roads and Transport visited the site on Wednesday, July 3, 2024, as part of their oversight to observe the progress of the project, which has garnered significant public interest.

It is hoped that the MPs’ visit will expedite the process of making funds available to the contractor for the project’s successful completion.

The CEO of Justmoh thanked the Committee for their visit and highlighted its historic nature. He noted that in his thirty-five years in the construction industry, this was the first time he had received a visit from a parliamentary committee.

Regarding the regulation of his contract on the Boankra project, he mentioned that the process is ongoing and, to the best of his knowledge, is currently before the Public Procurement Authority, which has given approval for the project to continue.

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“But we are yet to finalize the signing of the contract,” he said.

According to him, the contract initially approved by Parliament was three hundred and thirty million dollars but has since been revised to three hundred and eighty million dollars.

“We signed one hundred and ten million dollars with the concessionaire for a section of the project,” he added.

The project, owned by the Ghana Shippers’ Authority (GSA) and supported by the Ghana Ports and Harbours Authority (GPHA) and the Ministry of Transport, is currently funded by the Government of Ghana. It involves developing 160 hectares to handle imports and exports from northern Ghana and Sahelian countries (Burkina Faso, Mali, Niger). Currently, 12.2 kilometers of roads within the terminal are under construction, with hydrological works largely completed.

Justmoh Construction is executing the contract after Ashanti Port Services failed to meet financial obligations. The Project Director, Dr. John Bernard Koranteng York, stated that Phase 1, including civil works, roads, drainage systems, container handling facilities, and freight terminals, is on course. He noted significant cost savings in transport and logistics once the project is operational.

The project is expected to be completed by 2026, and efforts are ongoing to ensure timely completion of the first phase and operationalization of the port. The Ministry of Transport is advancing processes to regularize Justmoh Construction’s contract, with approvals from the Public Procurement Agency and the Ministry of Finance.

Tags: Boankra Logistics TerminalCEO of Justmoh Construction urges Parliamentary intervention for Boankra Logistics Terminal  fundingJustmoh Construction

Comments 1

  1. Yaw says:
    1 year ago

    Daylight robbery

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