Search
Close this search box.
GBC
GHANA WEATHER

Ghana to receive $10billion to improve road projects

Facebook
Twitter
LinkedIn
WhatsApp
Pinterest

Ghana’s roads are to undergo a major reconstruction with modern all-season road network linkages to spur economic and social development through easier access to and from rural areas to the main population centre.

The 10 billion dollar project will include undertaking a thorough assessment of the current road network in Ghana to identify and build roads, from scratch, expand some existing roads as well as maintain others.

It is also to identify and establish lists of roads in different sectoral categories which are trunk roads, feeder roads and urban road networks to be earmarked as baseline for the programme inception to measure the progress of work.

A memorandum of understanding (MoU) for the project was signed in Oman between the Investigroup, an international organisation with offices in several African countries, and the MFAR Group of Companies to renovate and construct the road infrastructure in the country.

The visit to Oman was led by the Chief Executive Officer of Investigroup, Dr Kizito Owusu.

He expressed the belief that Ghana is poised for huge success economically and must ensure the road networks are efficiently and sufficiently done.

Road statistics

It is estimated that road transport accounts for 96 per cent of passenger and freight traffic in Ghana and about 97 per cent of passenger miles in the country.

Aside from that, statistics from the Ministry of Roads and Highways indicate that Ghana’s total road transport infrastructure of 63,122km as of 2006 linking the entire country had made some improvement by 2011 but remains in dire need for further improvement to facilitate its transition from a rural economy to a middle-income country.

“The government, cognisant of the fact that for real development to happen in any sphere, it needs to build, expand and maintain infrastructure, principally its road infrastructure, given its relative importance launched a road rehabilitation programme that requires a $1.5bn investment per year for the next 10 years in order to plug the current infrastructure gap,” Dr Owusu indicated.

He explained that the Investigroup enjoyed the cooperation of the government and people of Ghana and sought to encourage a wide and broad buy-in from all stakeholders to make the project successful for all.

Expected results

Some of the expected benefits of the project, Dr Owusu enumerated were overalleconomic development of the country to be accelerated through increased productivity, better access to hospitals, schools and other infrastructure.

He further added better access to health facilities to reduce maternal mortality rates and generally strengthen the productivity of the workforce, bringing different ethnic communities closer for better understanding that could consolidate peace and foster economic and social development.

The CEO added that it was imperative to link the important areas of Takoradi with Accra via proper road networks to take advantage of the numerous opportunities that would open up with the expansion of the road.

He mentioned the road expansion linking Accra with its business district with Takoradi as important for ease of doing business, adding that the road was already part of the regional highway that connected Ghana to Togo in the east and Cote d’Ivoire.

Dr Owusu remarked that the road also served as an economic link between the Takoradi Port and other corridors of opportunity, leading to greater productivity, efficiency and capacity.

“These projects are just a few of the private-public partnership infrastructure projects being considered by the Government of Ghana. Investigroup LLC will be at the forefront to assist in accomplishing this goal,” he added.

Leave a Reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT