EconomyOpinionsPolitics

Ghana Can Now Fund Roads Internally, Agbodza Says

http://HOWEDEY.COM — GHANA NEWS
Tuesday, 10th November, 2026

By http://Howedey.com — Ashaiman

ASHAIMAN — “Ghana is now able to fund road projects internally because Pres. Mahama, through Finance Minister Ato Forson, is managing the economy well” — Kwame Governs Agbodza, Minister for Roads and Highways.

Mr Agbodza made the statement during an inspection of the Ashaiman Roundabout to Atimpoku Junction road project on Tuesday, November 10, 2026, as government announced plans to move the project onto the Big Push Programme.

WHY THE PROJECT IS MOVING TO BIG PUSH

The Minister said government intends to migrate the Ashaiman to Atimpoku road project onto the Big Push Programme to ensure its timely completion.

He explained that the decision is aimed at addressing delays associated with loan financing, particularly challenges with the disbursement of funds, despite the completion of bilateral arrangements.

He said the proposed arrangement would see government take over funding of the project using domestic resources.

“We are going to provide our own resources for you to continue the work. I am going to make a recommendation to Government to migrate the project unto Big Push,” he said.

“The actual work does not change; it is just the source of fund that will be fully fledged Big Push. We can actually fund this by ourselves. Currently, where the project is, we can fund it by ourselves,” he added.

He was quick to clarify that the proposed change would not affect the existing contract or the scope of work but would only involve a change in the project’s source of funding.

“We are not going to continue with the loan, we are not talking about the contract. We are going to continue with the contract but switch the funding to the Big Push project,” he said.

NOT ONLY ASHAIMAN

Mr Agbodza said the same funding policy was being considered for other major road projects, including the Tema to Aflao road and the Bolgatanga to Bawku to Pulmakom road, as part of efforts to accelerate infrastructure development.

“Not only this, we are doing the same for BHM on Tema-Aflao road, we are doing the same for Bolga, Bawku to Amakom. So, it is not one contract issue but a general policy so we can complete the work,” he said.

He said government had attempted to sustain the project under its existing financing arrangement for about a year without achieving the desired progress.

ABOUT THE PROJECT

The Ashaiman Roundabout to Atimpoku Junction road project is a 64.4-kilometre infrastructure project being constructed by German firm INZAG GmbH. The project is valued at 256 million euros.

The project includes a flyover at Ashaiman Roundabout, an interchange at Asutsuare Junction, a dual carriageway, 11 pedestrian footbridges and three river bridges.

HOWEDEY INSIGHT

http://Howedey.com reports the Minister’s statement as a government position on economic management and project financing, not as an independently verified economic assessment. The test will be delivery — whether domestic funding under Big Push completes the Ashaiman to Atimpoku road, and the other listed corridors, on schedule and without returning to loan financing.

END

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button