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Ministry of Transport has disclosed that it will commence the process of handing over the administration of the PSC Tema Shipyard and Dry Dock Company Limited (PSCT) to the Ghana Ports and Harbours Authority (GPHA), later this week.

This comes after cabinet officially wrote to the Ministry of Transport, instructing that the operations of the PSC Tema Shipyard and Dry Dock Company be placed under the supervision of GPHA.

Recently, cabinet announced that it will direct the Ministry of Transport to hand over the operations of the PSC Tema Shipyard and Dry Dock Company Limited (PSCT) to the GPHA.

The workers of the Tema Shipyard received the announcement and welcomed government’s decision, asserting that the move will enhance efficiency and increase government’s revenue.

Speaking to Citi Business News, an Accra based radio station, the Chief Director of the Ministry of Transport Twumasi Ankrah – Selby said the board of the company will be notified this week.

“It was a cabinet decision and the letter from cabinet just got to us last Friday. Now that we have received the information from cabinet we are supposed to formally write to the GPHA to take the necessary action for the processes for the takeover.

We are supposed to get to both institutions that fall within the sector,” he said.

Ankrah – Selby stated that the leaders have communicated the process to be engaged in taking over the company to the members.

“As to the time frame, I’m hoping that we just started the week maybe within this week we should be able to issue the letter to communicate the process of the takeover,” he assured.

It is expected that the Transport Minister, Hon. Fiifi Kwetey and his outfit will soon conclude the official transfer to the GPHA within the next few days.

It would  be recalled that workers of PSC Tema Shipyard and Dry Dock Company Limited (PSCT) earlier in May 2016 demanded the withdrawal of the Chief Executive Officer  over allegations of mismanagement.

At that  time, Transport Minister Mr. Kwetey assured the workers he was going to take their concerns into consideration especially the termination of the appointment of their two colleagues.