Government to invest $1bn in Pwalugu multipurpose dam, first phase expected by 2029
Government is planning to invest US$1 billion in the full completion of the Pwalugu Multipurpose Dam, as part of efforts to boost agricultural production, expand agro-processing and strengthen energy supply. Presenting the 2027 Budget Statement in Parliament, Finance Minister, Dr Ato Forson said the project will support large-scale vegetable production, aquaculture, irrigation and hydropower…
The Government of Ghana has announced plans to invest $1 billion in the completion of the Pwalugu Multipurpose Dam, as part of a broader effort to bolster agricultural output, expand agro-processing, and enhance energy provision. In presenting the 2027 Budget Statement to Parliament, Finance Minister Dr Ato Forson outlined the project's multifaceted benefits, including supporting large-scale vegetable production, aquaculture, irrigation, and hydropower generation.
He detailed how the dam would irrigate 25,000 hectares of land earmarked for vegetable cultivation, house 100,000 fish cages to bolster aquaculture efforts, and generate 77 megawatts of hydropower. Dr Forson emphasized that the dam would bolster year-round agricultural production, improve water security, and offer flood protection along the White Volta corridor.
The first phase of the dam's construction is anticipated to be completed by early 2029, with the full project slated for completion by December 2030. The Minister highlighted the dam's potential to complement existing service vegetable enclaves, introduce water harvesting systems, and promote protected cultivation across the region to further amplify agricultural expansion.
This investment is a cornerstone of the government's New Economy Programme, aimed at revitalizing commercial agriculture, bolstering local industries, and generating employment opportunities.
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