Gov’t To Reinstate Toll On Accra-Tema Motorway
The government of Ghana has disclosed plans to reinstate the collection of road tolls in a part of the country’s capital.
It will be recalled that during the 2022 Budget Statement and Economic Policy, the collection of tolls across the country was scrapped following the announcement of the Electronic Transfer Levy (E-levy).
Months down the line, the government says toll will be instated on the Accra-Tema Motorway once completed to recover the whole life cost of the infrastructure.
The government, in June, said it has plans to expand the existing four-lane motorway into a 10-lane encompassing a four-lane freeway (access control), three urban highways, three interchanges and several footbridges for pedestrian crossings.
Ken Ofori Atta explained that the Government of Ghana has made a strategic decision, in line with the Public Private Partnership Act, 2020 (Act 1039) to procure the Accra-Tema Motorway and Extensions Project through the GIIF with a mandate to deliver a GIIF-led PPP financing solution, where maximum funds are raised from the market, but majority ownership of the project remains with GIIF on behalf of the Ghanaian Government.
“The draft Concession Agreement (CA) between GIIF and MoRH is currently under review by GIIF, MoRH, the Office of the Attorney-General and Ministry of Finance. When completed, the CA is expected to be approved by the Public-Private Partnership (PPP) Committee, Cabinet and Parliament”, he added.
The Finance Minister noted that the Ministry of Roads and Highways (MoRH) Public-Private Partnership (PPP) programme for road infrastructure, the Design, Build, Finance, Operate, and Maintain (DBFOM) Accra – Tema Motorway and Extension PPP Project (27.7km) is at the procurement stage.
Work on the site is expected to commence in September 2022, he said.
Source: opemsuo.com/Hajara Fuseini