The Intercity State Transport
Company (STC) will not seek further support from the Social Security and
National Insurance Trust (SSNIT) for its operations again, the newly appointed
Managing Director, Mr. Samuel Nuamah Donkor has stated.
The state transport firm is however
seeking for a Private Public Partnership (PPP) with the private sector to fund
its operations in order to turn around the economic woes of the company without
the interference of its majority shareholder, SSNIT.
Mr. Nuamah Donkor told the
press during it maiden management meeting in Accra that the STC will soon
commerce digitizing its ticketing system so that customers can purchase their
bus tickets online to avoid the long queues at the yard and thereby reducing
congestion at the yard.
“We are interested in getting
strategic partners to invest in the company so that we can reconstruct and get
in new fleet of buses for our new routes,” he added.
He however noted that many
people had proposed the complete privatization of the company, yet government
had kept faith with its operations with the hope of transforming it into a
viable and vibrant one to complement other private transport companies to
provide quality services to the people.
He stated that the company is
collaborating with the Driver and Vehicle Licensing Authority (DVLA)to
establish a new vehicle testing and examination centre within its Accra yard.
The facility when established
will help provide services on day and night basis to customers to reduce
traffic and pressure at the DVLA offices.
The company was divested in
1997 under the Divestiture Implementation Programme, and the state pension fund
manager, SSNIT, owns 80% as the majority shareholder, with the government of
Ghana controlling the remaining 20%.
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