Full funding for Accra-Kumasi Expressway to be ready by year-end without borrowing – Ato Forson
Finance Minister Dr Cassiel Ato Forson has announced that the full funding required for the construction of the Accra-Kumasi Expressway will be secured by the end of this year without borrowing.
Finance Minister Dr Cassiel Ato Forson announced that full funding for the Accra-Kumasi Expressway will be secured by year-end without borrowing. This could mark the first time Ghana has fully funded an infrastructure project of this scale before construction begins. Dr Forson stated, "By the end of this year, the full funding for the transformational Accra-Kumasi Expressway will be ready."
He emphasized that no pesewa will be borrowed for the project. The US$1.7 billion funding has already been secured and deposited in a Bank of Ghana account. Dr Forson also praised the Ghana Armed Forces for their progress in clearing the 176-kilometre route. With only six kilometres remaining, he noted, "The finish line is in sight.
Out of 176 kilometres of challenging terrain, just six kilometres remain." The expressway, a six-lane, bidirectional expressway, is expected to improve travel between Ghana's largest cities, reduce congestion, shorten travel time, and boost economic activity along the corridor.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
