Volta Lake Transport Company Limited (VLTC)
CATEGORY | EQUITY | SECTOR HEAD | CHAIRPERSON |
SOE | 100% | ADMIRAL M. M. TAHIRU |
The Volta Lake Transport Company, incorported in 1970, operates river transportation for passengers, bulk haulage of petroleum products and significant quantities of cement, and cross-lake ferry services along the Volta Lake.
As part of VLTC’s re-evaluation of strategies to attract funding to improve its operations, it plans to overhaul its aged and faulty vessels to improve efficiency and subsequently reduce the turn-around time for its services and operations. It has also considered acquiring or leasing additional barges to increase its capacity and fleet to enable it attract a larger client base.
VLTC also plans to engage Government of Ghana in exploiting the synergies and commercial benefits of the intended Tema-Akosombo railway line and Eastern Corridor Multi Modal Transport Project (ECMMTP) to attract new markets and business opportunities that will increase productivity in port and transit services.