A Senior Lecturer of the Department of Finance at the University of Ghana Business School, Dr Lord Mensah has described as not thoughtful, the promise by the New Patriotic Party (NPP) to build an airport at Cape Coast in the Central Region.
According to him, travelling by road from Accra, or Takoradi to Cape Coast would be financially beneficial than by air.
“There is an economic reason why if you travel on the road from Accra without much delay to Cape Coast, there could be some spillovers of economic activities on the highway.
“If you develop these roads instead of allowing people to fly within twenty minutes to Cape Coast, and you do feasibility studies where you give alternatives for such investments, you will come to understand that travelling on the road would be more beneficial than looking at just flying”, he said.
Vice President Dr Mahamudu Bawumia had earlier stated during the NPP’s manifesto launch on Saturday, August 22, 2020, in Cape Coast that they would build a harbour and an airport in Cape Coast during its second term.
“We are building a new harbour and a new airport in Cape Coast. It is very critical that we do,” he had said.
Source: General News