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  • Road Tolls Return On Selected Roads; Finance Minister Ken Ofori-Atta Announces During 2022 Mid-Year Review
  • traffic finance

Road Tolls Return On Selected Roads; Finance Minister Ken Ofori-Atta Announces During 2022 Mid-Year Review

Thelma D. Griggs 28/07/2022 6:55 AM

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  • The governing administration has declared the return of street tolls on picked roads in the country
  • The tolls have been introduced as component of a general public private partnership arrangement to improve some of Ghana’s roadways infrastructure
  • The Finance Minister Ken Ofori-Atta mentioned the tolling would be necessary to recoup cash applied in the building of the roadways

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Finance Minister Ken Ofori-Atta has declared the return of street tolls on some chosen streets in the place immediately after a bold choice final yr to scrap them.

Although presenting the 2022 midyear funds evaluate to Parliament on Monday, July 25, 2022, Minister of Finance Ken Ofori-Atta explained the tolls will be re-released on chosen streets underneath a Public Personal Partnership offer.

“Underneath the Ministry of Roadways and Highways, Community Non-public Partnership (PPP) programme for street infrastructure, the Design and style, Develop, Finance, Operate, and Manage (DBFOM) Accra – Tema Motorway and Extension PPP Venture (27.7km) is at the procurement stage. Website is effective are envisioned to start in September 2022,” he instructed Parliament on Monday.

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road toll
Random visuals of streets. Source: Fb/@bp.sayeed
Supply: Fb

The minister mentioned the governing administration has made the decision to procure the Accra-Tema Motorway and Extensions Project by Ghana Infrastructure Financial commitment Fund (GIIF) to raise optimum cash from the marketplace.

Pay back Awareness: Click on “See First” below the “Following” tab to see YEN.com.gh News on your News Feed!

He stated the the greater part owner of the task would, even so, be the GIIF on behalf of the government.

“The concluded street will be tolled to get better the entire daily life charge of the done infrastructure as properly as pay loan providers and give a return for equity investors,” he claimed.

The minister last 12 months declared that all tolls on community roadways and bridges experienced been abolished. 1 of the factors the minister gave at the time for the cancellation of tolls was that the booths where they are collected usually caused hefty site visitors on Ghana’s roadways, which negatively impacted operate and productiveness.

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The general public, particularly gurus, criticised the govt for scrapping the tolls.

18-year-old Ghanaian boy builds car or truck that moves from scraps

In the meantime, YEN.com.gh has claimed in a individual tale that Ghanaian teenager, Obed Obeng Danso of the Local community Development and Vocational Complex Institute (CONVOTECH) in Tarkwa in the Western Location, has designed his first automobile.

The 18-yr-old’s motor vehicle operates on gasoline with nearly no problem as it moves with no impediments on the street.

Danso told Ghanaweb on BizTech that he constantly dreamt of setting up a motor vehicle, and through willpower, he eventually designed it a reality.

New feature: Check out information precisely for YOU ➡️ uncover “Proposed for you” block and appreciate!

Source: YEN.com.gh



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