Road contractors paid approximately GHS 6.4 billion – Ofori-Atta

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Road contractors have seen increased payment of claims by this Government, Finance Minister Ken Ofori-Atta, has told Parliament on Thursday July 23.

Presideitng the id year budget stateent, he told the House that : “We have paid road contractors approximately GH¢ 6.4 billion from 2017 to date.

“That substantially helps them to meet their obligations and sustain their operations. Mr. Speaker, we set out to modernise the railway system and effectively replace the colonial rail lay-out. Since 2017, we have committed GH¢ 566.66 million to cover works on construction and rehabilitation of railway lines including rehabilitation of Accra to Tema (30km), Achimota to Nsawam (33 km) and Kojokrom to Tarkwa (56km).

“The Tema Mpakadan railway line has seen approximately 56km out of the 97km of track laying works completed. The construction of the new standard gauge Western Line (Takoradi to Kumasi), with the Kojokrom to Manso section, is also on course.

“Mr. Speaker, to activate these networks, a contract for the purchase of 35 trains has also been signed. A set of nine (9) trains will be delivered within 18 months.

“Mr. Speaker, sustainable delivery of basic infrastructure to improve lives in rural and peri-urban communities has engaged our attention. The implementation of the Infrastructure for Poverty Eradication Programme (IPEP) initiative is premised on this interest.

” Mr. Speaker, under the IPEP programme, the infrastructure deficit in these communities have been significantly closed. A number of infrastructure initiatives including prefabricated warehouses, one-village-one-dam, one-constituency-one ambulance, mechanized boreholes have been implemented in all 275 constituencies. Our commitment to Ghanaians in these areas have meant that we have invested GH¢ 524.13 million from 2017 to
date.”

Source: Laudbusiness.com/Ghana

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