Investor withdrawal stalls Accra Sky Train project
The proposed Accra SkyTrain system failed to materialize due to withdrawal by the financiers expected to undertake the project, the Minister for Railways Development, John Peter Amewu has told parliament. Government in February 2018, signed a Memorandum of Understanding (MOU)with Africa Investor on behalf of the consortium, to enable Africa Investor to undertake pre-feasibility studies on the project. The pre-feasibility studies were undertaken which revealed positive outcomes for the project. Appearing before parliament on Tuesday to respond to a question on the status of the project, he indicated that Africa Investor and GIIF were tasked to undertake the detailed Feasibility...
