The Director General of Ghana Ports and Harbours Authority, Paul Asare Ansah has inaugurated the Port Infrastructure Development Fund Committee to see to the modalities of establishing a Port Infrastructure Fund.

Addressing a group of heads of both public and private institutions in the Port Community, the Director General of GPHA, Paul Asare Ansah expressed optimism that the Port Infrastructure Development Fund aims to minimize the cycle of dependency and borrowing in the maritime sector and build the capacity of local businesses in the participation of infrastructure Development in the Maritime Industry.

A seven member committee to be chaired by Roderick Ocloo, the Acting General Manager in charge of Audit for the GPHA was inaugurated.

Players in the maritime industry welcomed the move saying it is time to pull resources together to drive the country’s development agenda locally.

Meanwhile, the Director General of Ghana Ports and Harbours Authority also inaugurated the Port Community Association, which is an Association of all stakeholders involved in the maritime industry who meet to address policy issues concerning the Port Community.

According to the Port Community, the Association provides the platform for effective engagement among the stakeholder community to consult with each other and come out with far reaching measures that will enhance efficiency, productivity and profitability in the industry.

Paul Ansah charged the port community association to partner the GPHA to transform the port.

Stakeholders were optimistic the move is in the right direction especially with the emerging policies outlined by the Vice President to bring transformation to the Port Business.