By Ousman A. Marong
The Gambia Ports Authority (GPA) on Friday made a payment of 50 million Dalasis to the government of The Gambia through the Ministry of Transport, Works and Infrastructure.
Receiving the cheque during the handing over ceremony held in Banjul, the Minister of Finance and Economic Affairs Mamburay Njie commended GPA for their great reform strategies aimed at attaining a sound and effective institution.
“I want to congratulate the GPA Board and management for their laudable contribution to the success of the institution and for conducting activities among which are the Port of Banjul ‘Feasibility Study’ and the development of Master Plan 2019-2038 which includes Rehabilitation of the North and South Terminals, Basic Yard Extension, Jetty Extension, and Port Digitalization, amongst others,” he added.
He disclosed that plans are underway to enter into a Public Private Partnership (PPP) in order to achieve some of the capital investments and projects enshrined in the ‘Master Plan.’
Minister Njie said the partnership will serve as a catalyst in creating good fiscal space and enable GPA to divest shares which can give tangle results. He further said that the amount will greatly assist the government in executing the budget based on the planned revenue and expenditure respectively.
Njie also thanked GPA for its exceptional revenue generation and profit maximization.
In his turn, the Minister for Transport, Works and Infrastructure, Bai Lamin Jobe also thanked GPA for raising such an amount of revenue despite their challenges. He stated that the amount will accelerate government’s efforts in planning revenue estimates and expenditure.