According to the Ghana Chamber of Construction Industry, the newly formed Road Fund Board would work diligently to fulfill the government’s year of roads goal.
Emmanuel Cherry, the Chamber’s Chief Executive Officer, said, “…the second year of roads is a requirement that the board must swiftly prioritize to ensure that they realize the president’s demand.”
In order to improve the country’s inadequate road networks, the Nana Akufo-Addo government-designated 2020 as the “Year of Roads.”
Following that, the President proclaimed 2021 to be the “second year of roads.”
Despite this, the road fund board was established earlier this month after numerous protests from owed contractors and the construction chamber.
Mr. Emmanuel Cherry went on to say that his company is dedicated to working with the board to achieve the government’s road goal.
“That is one of the difficult problems I think the board will face, since the fund is now burdened with debt, and they must also do all necessary to fulfil the president’s mandate.”
“In that scenario, we assure the board that the Ghana Chamber of Construction Industry and its affiliated organizations are more than willing to work with government to get investors on board to ensure that Public-Private Partnerships projects, Build Operate and Transfer projects are properly handled.”
Minister for Roads and Highways, Kwesi Amoako-Atta, said during the inauguration of the 13-member Road Fund Board that GHS800 million has been made available to repay the debt.
The construction chamber applauded the decision, but it did point out that the funds were insufficient.
Source: CITIBUSINESSNEWS