
Audio By Carbonatix
Government has justified the non-completion of some infrastructure projects under the Sinohydro deal with China.
According to government, the phased plan along which the projects are supposed to commence is the reason for the seeming slowdown in activity as far as the project is concerned.
The Office of the Vice President says so far, "they have done over $100 million worth of work from 2019."
"The commencement was in 2019, but other batches were in 2020. So they are all at different stages of completion. The $100 million you're talking about, they are just one and half years into construction," the Director of Special Projects and Investor Relations at the Vice President's office said on Joy FM.
In May 2018, government signed a Master Project Support Agreement with Sinohydro for the construction of key infrastructure in exchange for the proceeds of Ghana's refined bauxite.
The $2 billion deal included the Adenta-Dodowa road was one of ten lots approved under the Chinese-sponsored arrangement and scheduled to begin in 2019.
A report by JoyNews' Evans Mensah revealed that two years on, the road remains undone, in a complete state of disrepair, with traffic congestion worsening by the day.
Per JoyNews checks, the Adenta situation is similar to many other projects earmarked for execution under the deal.
But the Director of Special Projects at the Office of the Vice President says there is no cause for worry.
Speaking on the Joy FM Super Morning Show, Dr Muntaka Alolo reiterated that the projects have been scheduled to be completed in phases.
"The rest will start by end of this year or early next year. Even the ones that have all started didn't all start at the same time," he said.
Some of the projects, according to Dr Alolo, have been completed and are being used. Others are at various stages of completion.
"Even the 10 lots that we took to Parliament, they are being done in phases," he added on Monday.
He also indicated that the projects that have already commenced, including the Tamale Interchange, are far advanced.
In November 2018, the government announced that the first tranche of $649 million from the $2 billion facility has been made available for Ghana to access.
However, three years later, only about $100 million of this amount has been released to Ghana.
Latest Stories
-
GSE records GH¢1.09bn trade in equity market; 10 stocks register gains
4 minutes -
Fuel prices: Ghana places 15th in Africa
10 minutes -
Africa must look inward: Reframing resilience in a shifting global economy
26 minutes -
7 dead, 2 missing after boat capsizes on Volta Lake
37 minutes -
Miss Diaspora Ghana 2026 launched to deepen diaspora ties and drive development
43 minutes -
US warns citizens to reconsider Nigeria travel on safety grounds
1 hour -
Ivan Toney questions refereeing in Saudi Pro League title race after Al-Ahli draw
1 hour -
Angola appoint Aliou Cissé as new head coach
1 hour -
Virtual Security Africa showcases digital security vision at Kwahu Business Forum
1 hour -
EBID strengthens regional integration role amid global economic uncertainty
2 hours -
Two assault rifles, ammunition retrieved in Police probe of Tamale gang attack
2 hours -
EBID records strong financial growth with $722m disbursements in 2025 – President, Dr George Donkor
2 hours -
EBID to mobilise $2.69bn under new 2026–2030 growth strategy – Dr George Donkor
2 hours -
An open letter to telcos, regulators and security agencies on mobile money fraud in Ghana
2 hours -
Mobile Money Merchants are driving fraud
2 hours