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AfBD pumps $120m to new airport terminal in Accra for regional integration

The president of African Development Bank (AfDB), Nigeria’s Dr. Akinwunmi Adesina has given insights on why the bank facilitated the construction of a new flagship terminal at the Kotoka International Airport, Accra, Ghana, saying it is expected to make the country a destination of choice with a yearly target of five million passengers.

Coming on a $120m bill, a statement issued noted that the facility will also contribute towards boosting the country’s economy, reduce the cost of doing business, and improve competitiveness.

Explaining more during a tour of the facility, Adesina said “This terminal is being built for a successful economic future. Its large capacity is a confident statement of intent,” stressing that “President Akufo-Addo told me that Ghana is back on the African map as a political and economic force, and I think that an airport terminal facility next year that can handle 5 million passengers per year will be proof positive of that”.

“This will help the economy and society of Ghana considerably through enhanced regional integration and employment. This is also a tangible implementation of the Bank’s High 5s strategy in Ghana.

“I understand that the construction process is right on time and the quality of the infrastructure is excellent. I want to commend all the staff who have been working on this,” he said.

AfDB boss who was on a three-day visit to Ghana, noted that the tour was part of new efforts to strengthen co-operation with the country.

Earlier in his remarks, Ghanaian Minister of Finance, Mr. Ken Ofori-Attah saw the scheme as strategic to the country’s economic transformation agenda, and thanked the President of the AfDB for coming for this State visit.

The project is scheduled to be ready on or before April next year.