Funds for Accra-Kumasi Expressway to be ready by December - Finance Minister
Dr Forson gave the assurance in Kumasi on Monday, September 14, after the Ghana Armed Forces formally handed over the cleared right of way for the project to government at Kwaso, near Ejisu in the Ashanti Region.
Finance Minister Dr Cassiel Ato Forson has assured Ghanaians that the funds necessary for the Accra-Kumasi Expressway will be available by December 2026. Speaking at a ceremony on September 14 in Kumasi, Dr Forson emphasized that the government will not take on any debt to finance the project. The Minister thanked President John Dramani Mahama for appointing an acting Director-General for the Value for Money Office to oversee the project, which will be its first assignment.
The cleared right of way for the expressway was formally handed over by the Ghana Armed Forces to the government on Monday. Upon completion, the 198.7-kilometer expressway will reduce the distance between Accra and Kumasi by 50 kilometers, cut journey time from six hours to two, and decrease travel costs by around 40%. Dr Forson had earlier told Parliament that US$1.7 billion had been deposited into a dedicated account for the project, with an initial $2 billion now available for commencement, expected to rise to $4 billion by year-end.
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