Home Business Frontiers pays over $1m royalties to Airport Company

Frontiers pays over $1m royalties to Airport Company

The company that was contracted to undertake coronavirus testing at the Kotoka International Airport (KIA), Frontiers Healthcare Services, has paid an amount of $1,157, 300 as royalties to the Ghana Airport Company Limited.

This was revealed by the Transport Minister, Kwasi Asiamah on the floor of Parliament Thursday June 10.

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“Mr. Speaker between September and December 2020, the total amount realised from the COVID-19 testing at the KIA was $17,590,500.

“So as per the concession agreement, Frontiers Healthcare Services retained $16,202,200 for its services between the stated periods.

“The Ghana Airport Company Limited on the other hand received $1,167,300 for the same period as royalties accruing from COVID-19 testing.

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“During the period under consideration, a total number of 117,187 came through KIA, out of this number, 115,730 paid for the testing, while 1,157 passengers consisting of children between the ages of 5-12 were exempted from paying for the testing,” he told the House.

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By 3news.com|Ghana

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