2019Budget: Ghana Gov’t To Embark On Massive Infrastructural Projects

The government of Ghana will embark on infrastructural projects including road construction works across the country in 2019, Minister of Finance Ken Ofori-Atta has said…

The government of Ghana will embark on infrastructural projects including road construction works across the country in 2019, Minister of Finance Ken Ofori-Atta has said.

According to him, infrastructure forms the backbone of economic development and growth, as well as a source of jobs and wealth for many people.

Presenting the government’s budget statement on the floor of parliament on Thursday, 15 November 2018, Mr Ofori-Atta said: “Mr Speaker, infrastructure, both hard and soft, is the backbone of economic development and growth, as well as a source of jobs and wealth for a majority of people. In a rapidly changing global marketplace, traditional infrastructure like electricity and power, transport and logistics, water and sanitation, roads, highways, and railways have combined with new, mostly soft infrastructure like digitisation of government services, to enable emerging economies like ours to leapfrog the development path to prosperity.

“Mr Speaker, this government is committed to embarking on an integrated infrastructural development programme across the country that will move goods, food items and people from one location to another that will create jobs and prosperity and ensure value-for-money for Ghana as well as position Ghana as the transportation, energy and logistics hub in the region.

“To ensure efficient management of infrastructure, we will soon submit a bill to set up the Ghana Asset Management Corporation. Mr Speaker, with your permission, I will like to inform Ghanaians on what we have done so far on infrastructure and the massive investments commencing in 2019.

“In 2019, we will invest massively in the development of road and infrastructure, from a variety of funding sources and the following projects have been identified to commence in 2019.”

Source: Ghana/ClassFMonline.com/91.3FM

Source: classfmonline

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