Finance Ministry approves Ghc1.5 billion for 14 road projects

The Minister of Finance, Ken Ofori-Atta, on Friday 28 June conditionally approved a multi-year funding commitment of more than GH¢1.56 billion for the commencement of 14 road projects over the medium term.

The move to approve the projects will see reconstruction, rehabilitation and upgrading of some selected road networks spanning 381.3 kilometres across Ashanti, Brong Ahafo, Eastern and Northern regions.

According to a release issued by the Ministry, the approval of the funding commitment for the 14 projects is subject to section 33(1) of Ghana’s Public Financial Management (PFM) Act, (Act 921), which requires a yearly breakdown of each project as well as detailed information on all on-going road projects. PFM Act 921 also requires a complete assessment of all projects for efficiency and impacts.

“The multi-year commitment for the Ministry of Roads and Highways will be funded through the medium term budgetary allocation, covering the period between 2019 and 2023. And according to the Office of Minister for Finance, the concerned Ministry is expected to provide the required information, as stipulated by the PFM act, by 15 July 2019,” the statement said.

Aside from insisting on strict adherence to procurement processes as enshrined in the Public Procurement (Amendment) Act 2016 (Act 914), the Ministry of Finance has also requested the Ministry of Roads and Highways to submit all projects’ contracts for inclusion in the Medium-Term Expenditure Framework.

The projects include:

Reconstruction of the Osiem-Begoro road – 24.80km

Reconstruction of Kwabeng-Abomosu-Asuom road – 41.40km

Upgrading of Anwiankwanta-Obuasi road – 30km

Upgrading of Mampong Kofiase road – 14km

Reconstruction of Kwabeng Akropong road & Akropong town roads – 23.3km

Upgrading of Nsuta – Beposo road – 7km

Upgrading of Salaga – Bimbilla road – 71km

Upgrading of Kwadaso – Trabuom road – 30km

Rehabilitation of Adankrono – Kade – New Abirem road (Lot 1) 21km

Rehabilitation of Adankrono – Kade – New Abirem road (Lot 2) 22.4km

Upgrading of Atronie – Mim road 17km

Reconstruction of Asuom – Subi – Kade road – 22km

Reconstruction of Akropong – Pramkese – Adankrono road – 27.2km

Upgrading of Odumasi – Adenta – Badu road – 30.2km