The government has outlined plans to complete and commission 24 priority infrastructure projects across the country by the end of 2028, following renewed agreements with the International Monetary Fund (IMF) and bilateral creditors.
Finance Minister Dr. Cassiel Ato Forson made the announcement during the presentation of the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24. He said the selected projects—spanning roads, hospitals, markets, and educational institutions—have been earmarked for fast-tracked implementation under Ghana’s bilateral debt restructuring framework and the IMF programme.
“We aim to ensure that all the priority projects are completed and commissioned by the end of 2028,” Dr. Forson told Parliament.
The 24 initiatives are part of 55 bilateral projects that stalled following Ghana’s external debt default in December 2022. The debt crisis led to the suspension of creditor disbursements, leaving $3 billion in undrawn loans and halting construction at several project sites.
To unlock funding, the government submitted a list of nearly completed projects—each at least 70 percent done—for approval by the Official Creditor Committee (OCC) and the IMF. Once bilateral agreements are finalised, disbursements will resume to enable construction to restart.
Notable projects include the new Volivo Bridge across the Volta River, the first phase of the Tema-Aflao Road Project, upgrades to the Tema Motorway Roundabout through Ashaiman to Atimpoku, the construction of 14 pedestrian bridges, the Kumasi roads and drainage extension, and the Paa Grant Interchange with Sekondi-Takoradi township roads.
Other projects include the Dome-Kitase Road rehabilitation, Obetsebi Lamptey Interchange Phase 2, the Bolgatanga-Bawku-Pulimakom Road, and the Takoradi PTC Roundabout Interchange.
Health and education infrastructure will also benefit. These include the modernization of Komfo Anokye Teaching Hospital, new regional hospitals in Bolgatanga and Takoradi, the construction of Central Medical Stores in Tema, and new drinking water systems in Wenchi and Sekondi-Takoradi.
Education-related investments will cover the expansion of senior high schools, the establishment of nine state-of-the-art technical and vocational training centres, integrated e-learning laboratories, and development works at the University of Environment and Sustainable Development in Bunso.
In the renewable energy sector, the government plans to roll out pilot photovoltaic systems and energy efficiency programmes. Major market redevelopment projects such as the Kumasi Central Market Phase 2 and Takoradi Market are also part of the priority list.
Dr. Forson stressed that only near-complete projects were selected to ensure value for money and timely delivery. He emphasized that there would be no scope expansions, and all implementing agencies must strictly adhere to agreed timelines and budgets.
He further disclosed that a forensic audit is currently underway following reports that some contractors received payments without executing the corresponding work.
“These projects are vital to national development, and we are determined to complete them in a timely and transparent manner,” he stated.
Source: AdomOnline
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