1. The Current Railway Development and Its Influencing Factors in Ghana
- Author
-
Chaoyi Xu, Larsey Naphtali Akwetteh, Larsey Nathanael Okoe, and Monica Dita Pravita Widya Putri
- Subjects
Passenger transport ,Finance ,Government ,business.industry ,Agriculture ,Developing country ,Cornerstone ,Space (commercial competition) ,Investment (macroeconomics) ,business ,Natural resource - Abstract
For a number of years, the Ghana Railway system and infrastructure have been unattractively inactive and have deprived the nation and economy of its development rate and living expenses substantially. Speed, space, weight, distance, expense and time are expedient with regards to a developing economy. Consider the gain if all these are catered for at least to an extent in the railway sector. Freight movement and passenger transport on a high rate could benefit the economy a great deal minimizing a lot of expense, accidents, traffics etc. and also lead dramatically towards increased commodity production, trade boost and people development. With the recent plans by the Government on the trans-ECOWAS railway link and job creation, investment boundaries will be open to resource extraction and improved agricultural commerce. This paper primarily reflects the major drive towards the Ghana Railway Development. Certain influencing factors carefully searched out are outlined with a view at its high potential as a rail recovery cornerstone.
- Published
- 2021