VOLTA LAKE TRANSPORT COMPANY

VLTC was incorporated on February 23, 1970, under the companies code 1963 (Act 179), as a joint venture of VRA (51%) and two foreign companies: Elder Dempster Line of England (24.5%) and Scanlake of Denmark (24.5%). The foreign partners were nominated as commercial partners with responsibility for the management of the company... Water transport provides the most cost-effective mode for goods transportation through economies of scale compared to other transport modes. VLTC's operations on the Volta Lake are competitively priced compared to road transport... The Volta Lake Transport Company, incorported in 1970, operates river transportation for passengers, bulk haulage of petroleum products and significant quantities of cement, and cross-lake ferry services along the Volta Lake.

Also known as: VLTC, Volta Lake Transport Company Limited