The Accra Sky Train Project construction concession agreement was signed on Monday, November 11, 2019, on the sidelines of the ongoing African Investment Forum.
The signing of the agreement means feasibility studies, which will begin over a period of nine (9) months to determine the project’s bankability, with investors ensuring the opening of the first station for the Accra Sky Train project in 9 months.
At the signing ceremony, President Akufo-Addo described it as “a happy day for Ghana and her good people”, adding that it is a “critical step towards the consummation of this project”, and a vivid testimony of the value of the African Investment Forum.
The President thanked the SkyTrain Consortium for putting together the wherewithal that is allowing this project to go forward.
According to him, the Accra Sky Train “is meeting a significant infrastructural need, and hopefully the step taken today, which is the signing of the concession agreement, is bringing the project to a much closer conclusion.
SkyTrain systems are pre-fabricated using precision moulded, pre-stressed reinforced concrete components that are capable of being installed at a very rapid rate, meaning that there is minimal disruption and congestion in the urban area that is undergoing installation and commissioning.
The proposed SkyTrain initiative in Accra provides for the development of five (5) routes, four (4) of which are comprised of radial routes that originate at the proposed SkyTrain Terminal, at the heart of Accra, at a newly developed Kwame Nkrumah circle, and one (1) route that provides and intra-city commuter loop distribution service, also emanating from Circle.
The Project envisages a total track length across all routes of 194 kilometres.