BOST has disclosed that it intends to allocate around GH¢200 million towards several initiatives.

Source: newsthemegh.com/Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Bulk Oil Storage and Transportation (BOST) Company Limited has revealed that it will invest almost GH¢200 million on a number of projects this year to help transform the petroleum sector.

The investment, which will start with the procurement process this quarter, is also to bring greater efficiency into the transportation of petroleum products within the country and for export.

The projects will include the automation and upgrade of all the company’s depots to bring them up to modern standards to deliver improved efficiency.