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Roads Ministry sets records straight on re-introduction of tolls collection

According to the Ministry of Roads and Highways, toll collection has not been resumed nationwide by the government.

After Finance Minister Ken Ofori-Atta indicated that the government intended to charge for some new road projects in the country, mentioning the Tema Motorway expansion project, a section of Ghanaians have been furious with the government.

On Monday, he presented the 2022 Midyear Budget Review, noting that it is a part of a creative plan to raise money to support the building, upkeep, and extension of the Tema Motorway.

According to him, the government would establish a concession agreement between the Ghana Infrastructure Investment Fund (GIIF) and the Roads and Highways Ministry that will support the 27.7-kilometer project in accordance with the Public Private Partnership Act, 2020 (Act 1039).

The Roads Ministry emphasized in a statement that the Finance Minister’s mention of tolls in the budget review only applied to PPP road projects.

The Ministry wants to make it clear for the avoidance of doubt that the Finance Minister said the CA (Concessional Agreement) is anticipated to be accepted by the PPP Committee once it is finished when discussing the funding options for the Accra-Tema Motorway and Extension Project. Parts of the statement stated that the Cabinet and Parliament.

“The finished road will be tolled,” it continued, “to recover the total life cost of the finished infrastructure, as well as pay lenders and offer a return for equity investors.”

The Ministry has moreover promised the populace that the government will keep using cutting-edge methods to finance road initiatives all across the nation.

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