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Vice President Dr. Bawumia Commissions $32 million BOST office complex

Raphsody by Raphsody
March 16, 2023
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Vice President Dr. Bawumia Commissions $32 million BOST office complex
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Vice President Dr. Bawumia Commissions $32 million BOST office complex

Vice President Dr. Bawumia Commissions $32 million BOST office complex

The Vice President of Ghana, Dr. Mahamudu Bawumia on Wednesday, March 15th, 2023, commissioned a new office complex for the Bulk Oil Storage and Distribution Company ( BOST).

The new twin-tower block built at a coat of some $ 39 million and located at Shashi, will serve as the permanent office of the state owned company.

Speaking at the commissioning ceremony, Dr Mahamudu Bawumia described BOST as a perfect example of an effectively run state owned Enterprise Gavin changed its fortunes from a debt riddled company to a profit making organization under its current management.

The vice president emphasized the critical role of BOST in the economic architecture of Ghana, citing gains made by the state following the introduction of the Gold-For-Oil Policy which has led to a stabilization of petroleum prices as well as essing up the pressure on the country’s forex reserve.

On his part, the Board Chairman of BOST, Mr.Ekow Hackman said the new office building brings to an end years of the company moving its management operations from one office to another to a now permanent structure.

He noted that the 7- story office building will give workers of the company comfort to go about their daily duties and inure to the overall success of the company which is now posting profits.

The new head office building boasts of various facilities such as conference rooms, offices, kitchenettes, a cafeteria,washrooms, and a 100 capacity underground park.

Present at the ceremony was the Managing Director of BOST, Edwin Provencal, board members of BOST,.senior government officials and staff of the company.

Story by Bugbila Moadow

Source: Bestghananews.com



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Raphsody

Raphsody

Student at University of cape coast, reading Bachelor of commerce in Accounting. Live in Accra - Tema. Being informative is what I like. Always surfing for information and doing more research about issues in our society and nation and sharing it with friends and families.

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