{"id":608370,"date":"2019-04-18T02:01:40","date_gmt":"2019-04-18T02:01:40","guid":{"rendered":"<br><div>\n<p class=\"floatLeft\">General News of Thursday, 18 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>theheraldghana.com<\/p>\n2019-04-18\n\n<div class=\"article-left\">\n<p class=\"article-image\"><img src=\"https:\/\/cdn.ghana-mma.com\/2019\/04\/18"},"modified":"2019-04-18T02:01:40","modified_gmt":"2019-04-18T02:01:40","slug":"government-gives-away-new-kotoka-airport-to-turkish","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/18\/government-gives-away-new-kotoka-airport-to-turkish\/","title":{"rendered":"Government gives away new Kotoka Airport to Turkish"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">General News of Thursday, 18 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>theheraldghana.com<\/p>\n<p>2019-04-18<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/04\/18664040.295.jpg\" alt=\"Kofi Adda Soe43\" title=\"Kofi Adda Soe43\" width=\"295\" height=\"226\" \/><span class=\"image_caption\"><span>Kofi Adda, Aviation Minister<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\">The Government, is giving away the management of the impressive new Kotoka International Airport (KIA) to a private company, a memo before Cabinet reveals.<\/p>\n<p>Turkish company by name TAV Airport Holding Company Limited, per the cabinet memo, will be in-charge of the \u201cday to day operations, including facility maintenance and fees collections\u201d at what has been described as one of the most remarkable airports in Africa currently.<\/p>\n<p>Ghana Airport Company, has been struggling in recent times to manage the new facility and government appears to have settled on a laziest option.<\/p>\n<p>The Aviation Ministry, is said to have received a proposal from Tav Airport Holding \u201cto help bring about the physical development of the airport enclave.\u201d<\/p>\n<p>It is not clear, if the Akufo-Addo government, considered any other option aside the proposal from the Turkey-based company.<\/p>\n<p>The aim of the proposal, according to the leaked cabinet document, is \u201cto help bring about physical development of the airport enclave and transform the KIA, into a world-class airport with improved managerial efficiency.\u201d<\/p>\n<p>The document prepared by the Aviation Minister for Cabinet consideration, said under its Concession Agreement that: \u201cAs payment for their services, the concessionaires receive a percentage of the gross revenues from the operation of the airport, but are required to pay the airport owner the greater of this percentage amount or a minimum annual guaranteed amount.\u201d<\/p>\n<p>It added: \u201cThe Concessionaires assume most of the risk for potential downturns in the airport revenues, but also receive a greater reward, if there is an unexpected increase in airline passenger traffic.\u201d<\/p>\n<p>The proposal, noted the terminals at the KIA, will be managed by \u201cairlines or other airport managers.\u201d<\/p>\n<p>However, the draft proposal pointed out that the \u201cownership of the airport and its operations are the responsibility of the State. The State recovers from the terminal manager its allocable operating and maintenance expenses according to the guidelines of the terminal lease. The terminal manager, will pay all other operating and maintenance expenses and in turn recover all the costs and expenses, in addition to management fee, from the airlines through quarterly user charges.\u201d<\/p>\n<p>The Aviation Ministry, argued that the participation of the private sector, \u201cwill bring about the needed equity investment for the transformation of the sector, thereby making the KIA, achieve the competitive status within the West African Sub-region and continent as a whole.\u201d<\/p>\n<p>\u201cThe action by government will promote sound development of airports in Ghana with due regards to the interest of airport users and the general public. This partnership will promote efficient and economic development and cooperation of airports not only within Ghana but with airports and airlines worldwide to foster growth in all sectors of the economy,\u201d it added.<\/p>\n<p>The airport, which handles an average of 4,706 passengers daily, is currently being managed by the Ghana Airports Company Limited.<\/p>\n<p>Under the proposed terminal management contract, terminals within the airport, will be managed by the airlines, while the ownership of the airport and its operations, remain the responsibility of the state.<\/p>\n<p>For the concession agreement, the concession manager, will be responsible for \u201call aspects of the day to day operations.\u201d<\/p>\n<p>\u201cThe concessionaires assume most of the risk for potential downturns in the airport revenues but also receive a greater reward if there is an unexpected increase in airline passenger traffic,\u201d the memo noted.<\/p>\n<p>The proposal urged Cabinet to \u201cconsider and convey policy approval for the Ministry of Aviation to facilitate the engagement of Tav Airports Holding Company Limited as a strategic partner for the management of Kotoka International Airport.\u201d<\/p>\n<p>The proposal cites New Zealand as an example where the private sector was involved in airport management \u201cto release the government of the heavy fiscal load and also to increase the airport industry contribution to the economy by being more efficient.\u201d<\/p>\n<p>The ministry argued that \u201cthe participation of the private sector will bring about the needed equity investment for the transformation of the sector thereby making the KIA achieve competitive status within the West African Sub-Region and the continent as a whole.\u201d<\/p>\n<p>It also said such move will be to provide \u201cthe needed financial strength for infrastructure and technological investment in the sector.\u201d<\/p>\n<p>Ghana Airports Company Limited is the current manager of the airport and it was established as a result of the decoupling of the existing Ghana Civil Aviation Authority (GCAA).<\/p>\n<p>The company was registered in January 2006 with specific responsibility for planning, developing, managing and maintaining all airports and aerodromes in Ghana, including the KIA, Kumasi Airport, Tamale Airport, Sunyani Airport, Ho Airport, WA Airstrip, as well as various Airstrips.<\/p>\n<p>Ghana Airports Company Limited is an implementing agency under the Ministry of Aviation and has been operational since 2007.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General News of Thursday, 18 April 2019 Source: theheraldghana.com 2019-04-18 Kofi Adda, Aviation Minister The Government, is giving away the management of the impressive new Kotoka International Airport (KIA) to a private company, a memo before Cabinet reveals. Turkish company by name TAV Airport Holding Company Limited, per the cabinet memo, will be in-charge of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":607678,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-608370","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Government gives away new Kotoka Airport to Turkish - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/18\/government-gives-away-new-kotoka-airport-to-turkish\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Government gives away new Kotoka Airport to Turkish - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"General News of Thursday, 18 April 2019 Source: theheraldghana.com 2019-04-18 Kofi Adda, Aviation Minister The Government, is giving away the management of the impressive new Kotoka International Airport (KIA) to a private company, a memo before Cabinet reveals. 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