July 20, 2022

Parliament Approves Loan For Suame Interchange, Other Projects

The Parliament of Ghana has today, July 20, 2022, approved a syndicated loan of seven hundred and fifty million United States dollars ($750m) for eleven projects including the Suame Interchange.

The Suame interchange and Local Road Network project is estimated to cost $47 million.

The loan facility is an agreement between the government of Ghana and the African Export-Import Bank.

After a debate in parliament about the bill, it was voted for approval.

The projects to be financed by the loan facility includes; the Ofankor-Nsawam road; Ejisu-Konongo road, completion of the Nsawan Apedwa road project; Suame Interchange and Local Road Network Project; completion of Flower Pot Interchange at Legon; Completion of Sofoline Interchange and Construction of Kwabenya-Peduase Road Project.

Also are the completion of Eastern Corridor Lots 5 and 6; completion of Enkyikrom-Adawso road project; Purchase of rolling stock and spare parts, and the construction of Stadia for All Africa Games.

Source: opemsuo.com/Hajara Fuseini

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