{
  "id": 9512068,
  "title": "Fund Accra-Kumasi Expressway with private capital, not state funds – Alan Kyerematen",
  "url": "https://urgent.news/2026/09/24/fund-accra-kumasi-expressway-with-private-capital-not-state-funds",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T07:30:29.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/fund-accra-kumasi-expressway-with-private-capital-not-state-funds-alan-kyerematen/"
  },
  "original_language": "en",
  "account": "Former Trade and Industry Minister and United Party leader Alan Kwadwo Kyerematen is advocating for private-sector financing for the proposed US$4 billion Accra-Kumasi Expressway, suggesting that government resources could be allocated to other infrastructure projects. He argued that commercially viable infrastructure, such as the expressway, should be structured in a way to attract private capital, especially when investors can recover their investment through toll revenues. At a public lecture in Accra, Kyerematen questioned the decision to use public funds to finance the entire project, stating that once the toll road is constructed, it should not rely on government resources as it can pay for itself. He suggested that the government should allow private investors to finance, construct, and operate the road under an agreement that enables them to recover their investment over a set period. Kyerematen emphasized that this approach should extend beyond the expressway to other revenue-generating infrastructure projects. By freeing up government resources, more pressing infrastructure needs, like local roads, could be addressed. This proposal comes as the government prepares to start construction on the 175.6-kilometre expressway, with US$2 billion secured from taxpayers, according to President John Dramani Mahama. The project's financial plan does not involve borrowing, with the government expecting full funding by the end of 2026. Accra-Kumasi Expressway Limited's CEO, Francis Ahlidza, stated that the expressway will operate as a commercial asset, with the government's goal being to recover the taxpayers' investment within the concession period. Kyerematen's proposal focuses on using the commercial potential of the expressway to attract private capital from the outset, rather than relying on government financing initially.",
  "summary": "Former Trade and Industry Minister and United Party (UP) leader Alan Kwadwo Kyerematen is advocating private-sector financing for the proposed US$4 billion Accra-Kumasi Expressway, arguing that government resources could be freed up for other infrastructure needs. Mr Kyerematen said commercially viable infrastructure projects such as the expressway should be structured to attract private capital,…",
  "key_points": [
    "Former Trade Minister Alan Kyerematen proposes private financing for the Accra-Kumasi Expressway.",
    "Government funds should support other infrastructure projects, not the expressway.",
    "Expressway will operate as a commercial asset to attract private capital."
  ],
  "editors_take": "Alan Kyerematen's proposal to fund the Accra-Kumasi Expressway with private capital means the government could redirect its resources to other pressing infrastructure needs, like local roads.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}