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2023 Budget: Toll booths will return soon under PPP arrangement – Finance Minister

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Collection of tolls on public roads may resume soon. However before its resumption, a PPP agreement would be put before Parliament for consideration.

Ken Ofori Atta, the Finance Minister, ken Ofori Atta said this when he spoke on the floor of Parliament.

“Mr. Speaker, Government is pursuing the strategic decision to procure the 27.7km of the Accra-Tema Motorway and Extensions Project through the Ghana Infrastructure Investment Fund (GIIF). A PPP Concession Agreement backed by an appropriate toll arrangement will be presented to Parliament for approval to facilitate its execution. Provision has also been made in the 2023 and the Medium-Term Budget for the Equity and Viability Gap Funding required by a GIIF Special Purpose Vehicle (SPV) to enable the project to start in earnest in 2023. The project will be delivered in phases,” he said.

Meanwhile, Mr. Ofori Atta speaking about the progress of some specific roads projects across the country said, “progress on the following roads, among other have achieved significant progress: Upgrading of Navrongo – Naga Road, Upgrading of Wa-Bulenga-Yaala Road, Upgrading of Salaga – Ekumdipe – Kpandai Road, Kpandai – Nkanchina Road (10.8km), Rehabilitation of Atebubu – Kwame Danso Roads, Upgrading of Anwiankwanta – Obuasi Road, Rehabilitation Of New Abirem – Ofoasekuma Road, Upgrading of Sefwi Wiawso – Akontombra Road, Upgrading of Akrodie – Sayereso Road, Rehabilitation of selected roads in Greater Accra.”

Source: A1radioonline.com|101.1MHz|Mark Kwasi Ahumah Smith|Ghana

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