Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party, has stated that the Tema Port will be automated and benchmarked under his government if elected.
He stated that he wants the Port to be as effective as possible and among the greatest in the world, comparable to most developing nations like Singapore, Dubai, and Hong Kong.
Dr. Bawumia, while presenting his vision speech on Wednesday, February 7, 2024, at the UPSA auditorium, added that there is also going to be a new policy on import duties which would correspond with the import duties of Lomé.
He explained that the import duties of the Tema Port should not outweigh those of Lome, which is our main competitor.
He believes this creates more room for smuggling and also provides an option for importers as they turn to the Lome Port due to the low duty charge.
The policy, according to the flagbearer, will also help reduce tax avoidance and help the country generate revenue.
“Tema port will be fully automated and benchmarked to be as efficient as some of the best ports in the world like Hong Kong, Singapore and Dubai. Also, there will be a new policy of aligning the duties and charges at Tema port to the duties and charges at Lome Port. Basically, duties and charges at Tema Port should not be higher than Lome, our main competitor. This will also reduce smuggling and tax avoidance.”
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