Govt seeks $338m loan for expansion of Accra-Tema motorway and others

The government is seeking parliamentary approval for a loan agreement of $338 million for the rehabilitation and expansion of the Accra-Tema motorway and other roads in the country.

The Vice Chairman of the Finance Committee of Parliament, Patrick Boamah, who disclosed this to journalists in Accra on Monday stressed that the facility will also finance the rehabilitation of the existing six-lane divided Nsawam highway within 36 months.

“The Accra-Tema motorway alone is 19.5 kilometres, but this project is 27.7 kilometres, so one may ask, where are you getting the remainder from? The entire project is divided into three sections. The first section is the Accra-Tema Motorway, which is 19.5 kilometres, and it is going to be the rehabilitation and expansion of a minimum of 10 lanes on the motorway… Then, the second section is N1, the George Walker Bush highway, and the scope is 5.7 kilometres… Then the third scope is the Nsawam road, rehabilitation of the existing six lanes on the Nsawam road,” the MP explained.

Mr. Boamah also noted that the scope of work will be a “very comprehensive program that will span about 3 years or more depending on how the project goes.”

He added that the project will be a joint venture between Maripoma Limited and Ghana Infrastructure Fund.



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