Tuesday, September 18, 2018
The
Gambia Port Authority (GPA) has paid a cheque amounting to D5 million to
government of The Gambia as dividend.
The
cheque was presented at the Office of the Vice President.
Speaking
at the presentation, the GPA’s board chairman, Alpha Barry expressed gratitude
to be associated with the official handing of the cheque.
He
disclosed that cargo volumes have registered a steady growth on an annual trend
and record achievements were realised in December 2017, compared with D2.1
million in 2016 – representing a growth of 16%.
“Container volumes have also increased by 12% from 93,000 containers in
2016 to 105,000 in December 2017.”
“The
growth in traffic is also accompanied by corresponding increase in revenue
generated as the profit after tax for 2017 is at an all-time high of D198
million compared to D13M in 2016. All indications are that GPA will double its
profit 2018.”
According
to Mr. Barry despite these achievements, the GPA continues to grapple with
numerous challenges, ranging from the need to acquire additional land areas for
expansion, jetty extension and acquisition of cargo handling equipment.
In
receiving the cheque on behalf of the government of The Gambia, Vice President
Ousainou Darboe said this has not happened for several years. He added that
this shows that the government has gained twice on the operation of The Gambia
Port Authority.
He thanked the management for having the determination
to implement the policy that guides the board.
VP
Darboe further commended the GPA board for their wise policies in working close
collaboration with the GPA management. He stated it is in the interest of
government to standby GPA.
Author: Abdoulie Nyockeh, The Point Newspaper
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