Contractors in Ghana to get $1bn from govt to complete road projects


Devdiscourse News Desk | Accra | Updated: 10-05-2019 17:05 IST | Created: 10-05-2019 17:05 IST
Contractors in Ghana to get $1bn from govt to complete road projects
The Minister said that since he assumed office, the Ghanaian government had paid USD 4 billion in outstanding debts to contractors working on various road projects in the country. Image Credit: Wikipedia
  • Country:
  • Ghana

The government of Ghana is to release USD 1 billion to the Ministry of Roads and Highways to settle outstanding debts to road contractors and to accomplish and maintain road networks in the country.

This release of fund is likely to settle road contractors who have already invested, and to ensure the completion of roads currently under construction. Announced by Ghana’s Minister for Roads and Highways, Kwasi Amoako-Attah, the move, according to him, is to improve upon the road system to drive the socio-economic development agenda of the government.

The 67-year old Minister said that since he assumed office, the Ghanaian government had paid USD 4 billion in outstanding debts to contractors working on various road projects in the country. He added it was the government’s desire to eliminate the occurrence of abandoned road projects usually occasioned by non-payment of funds to contractors.

“The ministry will be taking decisions proactively to ensure projects are awarded to people who have the needed expertise and competence in order to avoid some of the unnecessary delays in project execution,” he added, as reported by Graphic Online.

According to him, the ministry had received approval from the Public Procurement Authority to undertake private management of 20 high revenue-earning toll stations in the country to provide services which included rehabilitation and maintenance of those stations and the provision of a well-tested electronic system to check leakages at the toll booths.

Also Read: Ghana takes first position in list of gold producers in Africa: World Bank

Give Feedback