Ministry Of Roads: Toll Collection Not Reinstated

The Ministry of Roads and Highways has debunked reports that toll collection has been reinstated in the country.

The clarification comes after the Minister for Finance, Ken Ofori Atta delivered the Mid-Year Budget Review and indicated that the Tema-Motorway will be tolled after completion of the expansion project.

“The Ministry wishes to state for the avoidance of doubt that the Finance Minister whiles speaking about the financing arrangements for the Accra-Tema Motorway and
The Extension Project stated that “When completed, the CA (Concession Agreement) is expected to be approved by the PPP Committee. Cabinet and Parliament.

“The completed road will be tolled to recover the whole life cost of the completed infrastructure as well as pay lenders and provide a return for equity investors.” He further stated that “All PPP projects must be self-financing and will be tolled.

“The Ministry wishes to state categorically that the government has not reinstated toll collection across the country. We further wish to clarify that the Finance Minister’s reference to tolls in the Budget review was in respect of PPP road projects only”, the Roads Ministry noted.

The Ministry also noted that the government will use innovative means to finance road projects across the country.

Source: opemsuo.com/Hajara Fuseini