The Minister for Public Enterprises, Hon. Joseph Cudjoe has hinted of Government’s intention to dispose off some defunct entities belonging to government.
The entities numbering 17, are costing government a fortune as huge sums are spent pay security guards and other personnel who keep watch over them, while rotting away.
The Minister made these statement when he took his turn at the Ministry of Information’s Press Briefing on Wednesday 12th July, 2023.
Hon. Cudjoe highlighted the situation of defunct entities whose current state of disrepair was a sad sight to behold.
The Minister intimated that it has become imperative therefore that these entities are completely disposed off to save resources and salvage for sale what can be saved.
Hon. Cudjoe who doubles as the Member of Parliament for Effia, in the Western Region outlined his achievements in ensuring that Public Enterprises work efficient, effective, and where applicable, profitable and the way forward.
The disposal of the entities, according to the Hon. Minister is part of a strategy by his office to restructure the Public Enterprises portfolio in the country.
Aside the disposal the Minister indicated that the other portfolio management strategies included liquidation, listing on the Ghana Stock Exchange and strategic investment.
