By Jones Anin, New Africa Business News
New Africa Business News- The Ghanaian President Nana Addo Dankwa Akufo-Addo, has launched the $2 billion Government of Ghana- SinoHydro Master Project Support Agreement (MPSA) and also cut the sod for the construction of the Tamale Interchange, the first interchange in the northern sector of the country.
According to President Akufo-Addo, Ghana, through a barter arrangement, will have US $2 billion worth of priority infrastructure projects delivered across the country, in exchange for the delivery of Ghanaian manufactured aluminum product to Sinohydro.
The barter arrangement has, thus, necessitated the establishment of the Ghana Integrated Aluminum Development Corporation, a statutory public corporation, to oversee the development of the exploitation of the full value chain of the country’s bauxite resources.
This, the President explained, is to guarantee that Ghana has a vibrant aluminum industry. “and ensure that we live up to our end of the barter transaction. This innovative arrangement, the first of its kind on the continent, is not going to add to our country’s total debt stock.”
The President made this know on Wednesday, 10th April 2019, at the Jubilee Park, in Tamale in the Northern Region.
Each of the sixteen (16) regions is set to benefit from the Sinohydro arrangement, with hospital projects, extension of electricity to rural communities, and construction of court and residential buildings for the Judicial Services, landfill sites and industrial parks, set to be undertaken.
The projects under Phase 1, which have been approved by Parliament. Construction of Accra Inner City Roads. A total of eighty-four (84) kilometers of roads located in Trobu, Anyaa-Sowutourn, Dome-Kwabenya, Adenta and Teshie will be constructed;
Construction of Kumasi and Mampong Inner City Roads. A total of one hundred (100) kilometers of inner-city roads will be constructed in Kumasi and Mampong. In Kumasi, the affected road networks are in Manhyi, Suame, Tafo Pankrono, Asokwa, Kwadaso, Oforikrom, Subin, Nhyiaeso and Bantama;
Construction of the Tamale Interchange;
Dualization of the Adenta-Dodowa Road. Fourteen (14) kilometers of the Adenta-Dodowa Road will be dualized so as to reduce congestion, improve road safety, and reduce travel times on the corridor;
Construction of Sunyani Inner City and Berekum Township Roads. A total of thirty-nine (39) kilometers of roads will be constructed in Synyani and Berekum Township. In Sunyani, twenty-nine (29) kilometers of inner-city roads will be constructed, whilst Berekum Township will see ten (10) kilometers of its roads contructed
Construction of Prestea Township and Cape Coast Inner City Roads. A total of thirty-two (32) kilometers of roads will be constructed, whilst Prestea Township will see ten (10) kilometers of roads constructed
Upgrading of Selected Feeder Roads in Ashanti and Western Regions. Sixty-eight (68) kilometers of feeder roads in Ashanti and Western North regions will be rehabilitated are mainly in communities that have bauxite deposits
Rehabilitation of Akim Oda-Ofoase Road. This lot involves the rehabilitation of the thirty-eight (38) kilometer Akim Oda-Ofoase road, which is part of the trunk road network, IR3 and passes through several rural communities that connect Akim Oda to Ofoase;
Construction of the Hohoe-Jasikan-Dodo Pepesu Road of the Eastern Corridor. This will involve the construction of the sixty-six (66) kilometer section of the Eastern Corridor Road between Hohoe to Jasikan and Dodo Pepesu;
These projects, President Akufo-Addo explained, are to be implemented on Engineering, Procurement and Construction (EPC) basis, and will be completed within thirty (30) calendar months after commencement.
“Government is also ensuring that in accordance with the local content law, a minimum of 30% of works will be undertaken by Ghanaians contractors, and supervised by Ghanaian consultants. Thousands and thousands of jobs will be created for our youth, our country will be opened up for sustained growth and development, and thereby, help put Ghana onto the pat of progress and prosperity.” he added.
The President charged the Ministry of Roads and Highways and its implementing agencies to ensure that adequate and proper supervision is given to all of the works being undertaken, guarantee that the country gets value for money, and ensure strict adherence to completion dates.
Whilst urging contractors to be mindful of the environmental protections laws of the country, and institute measures to migrate against the negative health impacts the projects may have on citizens. President Akufo-Addo stressed that “I will not countenance any delays in the execution and delivery of the various infrastructural projects. Thirty (30) months is thirty (30) months.”
Under Phase 2 the Sinohydro deal, which would come on stream after approval by Parliament, an additional 1,300 kilometers of roads, 3 interchanges, and 69 steel bridges will be constructed, at an estimated $850 million dollars.
Additional housing projects, rural electrification projects, industrial parks, hospitals, sanitation projects and additional court and residential buildings for the Judicial Service, are components of phase 2.
For New Africa Business News Jones Anin Africa Correspondent.