The Millennium Development Authority (MiDA) has signed a memorandum of understanding (MoU) with the Ministry of Ports, Harbours and Railways to improve ferry services in the
Basin to ensure the smooth transportation of food and agricultural produce to the rest of the country.
This allows the ministry to implement the 'Improving Lake Volta Ferry Services' component of the $547 million Millennium Challenges Account (MCC).
The sector Minister, Prof. Christopher Ameyaw -Ekumfi, signed on behalf of the ministry, while the chief Executive Officer of MiDA, Mr Martin Eson- Beenjamin, initialled on behalf of the authority.
Mr Eson-Benjamin said the project would involve the use of $5.2 million of the MCC funds to provide two new ferries for the Volta Lake Transport Company to connect Adawso on the southern shore to Ekye Amanfrom on the northern shore.
He said part of the funds would also be used to rehabilitate a floating dock, expand the landing stage as well as construct modern terminals at both ends of the route to enable the ferries to properly land and to protect live and property.
Mr Eson-Benjamin said tree stumps along the route would be removed to widen the navigational path, adding that 'this component deals with bottlenecks in agriculture'.
Prof. Ameyaw-Ekumfi pledged his ministry's total support for the project, saying the funds would be put to good use to ensure the success of the project.