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Closure of Neoplan Ghana will be tragic – Minority


The Minority in Parliament says it will be tragic to close Neoplan Ghana Limited which is a strategic asset of the state.
According to the Minority, a shutdown of the company will not be in the best interest of the country.
A ranking member of the Roads and Transport Committee, Governs Kwame Agbodza in a Citi News interview said the government as a majority shareholder has a role to play in ensuring that the company is kept afloat.
He added that the Parliamentary Committee on Roads and Transport is ready to look into the company’s challenges to avert any imminent closure should the company present a petition.
“It will be tragic to let Neoplan die or fold up. In the first place, the state owns 65% and it was a strategic asset as at the time the Joint Venture was established. The Roads and Transport Committee will like to look into this. Unfortunately, we don’t have a petition from the company yet but I think it is not too late. They can petition us, we can look into it and together chart a way forward. That company cannot be allowed to fold up. The right thing for the government to do is as quickly as possible, put the board together.”
The Member of Parliament made the declaration following an announcement that Neoplan Ghana Limited will shut down on Friday, January 31, 2020 because it is no longer viable.
Source:citinewsroom.com
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