𝙏𝙝𝙚 𝘽𝙊𝙎𝙏 𝙎𝙪𝙘𝙘𝙚𝙨𝙨 𝙎𝙩𝙤𝙧𝙮

The managing director of Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, took his turn on the #PatrioticSpaces of Twitter to discuss the company’s success story since taking over.

Provencal detailed the strategic investments and actions taken to turn the business around and back into a profitable enterprise, noting that BOST was heavily indebted at the time of transfer and had just 18% of its revenue-generating assets operating.

He said the pipelines linking Tema to Akosombo, Buipe to Bolga were entirely out of service and the company’s marine infrastructure including tug and floating boats.

“50% of our depots, that’s three out of six were not working. So, in a nutshell, we had only 18% of our revenue assets working. All of our assets were grounded, and yet we have to find the money to pay our debts." Hosted by Kow Essuman Legal Counsel to President Akufo-Addo | Notary Public | ICSID Conciliator, listen for more...