Accra-Kumasi Expressway to be fully funded locally – Government
The Accra-Kumasi Expressway project could become the largest infrastructure project undertaken by a Ghanaian government and a major test of the country’s ability to finance large-scale development with domestic resources, Government Communications Minister Felix Kwakye Ofosu has said.
The Accra-Kumasi Expressway project, aiming to be the largest infrastructure venture by a Ghanaian government, is set to be funded entirely locally, according to Government Communications Minister Felix Kwakye Ofosu. This significant development could also mark the first time a project of such scale has been financed without external assistance.
Finance Minister Dr Cassiel Ato Forson has assured that all funding necessary for the project will be secured by the end of 2026. Currently, 170 kilometers out of the 176-kilometer expressway corridor have been cleared by the Ghana Armed Forces, leaving only six kilometers to complete. Kwakye Ofosu expressed strong confidence in the administration's handling of the project, stating, "President Mahama is the man!"
The Finance Minister further revealed that US$1.7 billion has already been deposited in a dedicated account for the project, with no borrowing planned.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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