Ghana’s Railway Minister gets approval from President to use $230mn to buy rolling stocks

President of Ghana, Nana Akufo-Addo has given approval to the Ministry of Railways Development to use USD 230 million to buy rolling stocks in line with the masterplan to revamp the railway sector.

The term rolling stock in rail transport industry refers to any vehicles that move on a railway, including both powered and unpowered vehicles, such as locomotives, railroad cars, coaches, and wagons.

According to Graphic Online, the Sector Minister, Joe Ghartey, who has revealed Ghana’s Head of State, Nana Akufo-Addo’s approval on May 8 at a press briefing, opined that the idea was to ensure that by the time development of the rail lines, including new ones and the ones being rehabilitated under the Ghana Railway Masterplan were ready, the rolling stocks would be available to test the lines.

The Minister also explained saying that it takes between 12 to 18 months for rolling stock to be ready after it had been ordered.

Joe Ghartey, who hails from Shama, in the Western Region of the Republic of Ghana, was appointed as the Railways and Development Minister by President Nana Akufo-Addo.

Also Read: Ghana signs $1bn loan agreement with China to refurbish railway transportation