Audio By Carbonatix
The Accra-Kumasi Expressway will be operated as a commercial asset to enable the government to recover taxpayers’ investment in the project, Chief Executive Officer of the Accra-Kumasi Expressway Limited, Francis Ahlidza, has said.
According to him, government has established the Accra-Kumasi Expressway Limited as a special-purpose company to oversee the development, design, construction and maintenance of the expressway.
Speaking on Joy News’ The Pulse on Monday, September 14, Mr Ahlidza explained that the arrangement is intended to give the project the appropriate legal and commercial structure to ensure that the investment in the highway is recovered within the concession period.
“What government has done is to establish a limited liability company and entrusted it with developing, designing, constructing and maintaining this asset, so that this asset is not treated as any other national road asset, but given the right legal clouting to be able to run this expressway as a business so that the taxpayers' money that is being put into this project can be fully recovered within the concession period of the project,” he said.
He said the company will also oversee the maintenance of the expressway once construction is completed.
Mr Ahlidza stated that the Ghana Armed Forces has completed the clearance and definition of the right of way for the proposed expressway.
He said the next major step is the procurement process, which has already begun, with the designs for the project completed.
Construction firms from across the world with the requisite technical capacity will be invited to express interest, after which qualified firms will be shortlisted and invited to tender.
“We expect it to begin by January of 2027,” Mr Ahlidza said, adding that government intends to cut the sod for the actual works before Christmas.
He said additional facilities required to support normal travel along the expressway would also be constructed as part of the project.
Latest Stories
-
NPA increases price floor from September 16; petrol to sell at GHC16, diesel at GHC16.77
3 minutes -
OMJ fufils BECEPIP schorlaship promise, awards 12 learners
8 minutes -
Photos: GAF hands over 175.6km right-of-way for Accra-Kumasi Expressway construction to gov’t
10 minutes -
Accra-Kumasi Expressway to be operated and maintained for 50 years through toll revenue
13 minutes -
LGA holds Landmark Conference, AGM and Elections as the Committee on Politics and Elections emerges as the Overall Best Committee for 2025/2026.
16 minutes -
JSALK Beverages pays medical bills of struggling nursing mothers at Nkawie-Toase Hospital
20 minutes -
Accra-Kumasi Expressway to be operated as business to recover taxpayers’ investment – CEO
26 minutes -
UNFPA calls for presidential intervention as maternal deaths reach crisis levels
31 minutes -
Space reserved along Accra-Kumasi Expressway for railway line – Mahama
36 minutes -
Ashaiman’s deplorable roads: How long must residents wait?
39 minutes -
Elevate Africa Summit to push AfCFTA toward fully functional markets
42 minutes -
The search for clean water has failed — so can Nanton Zuo save the water source it already has?
53 minutes -
Accra-Kumasi Expressway construction expected to begin in January 2027 – CEO
59 minutes -
Parents in Ashanti make U-turn on Category C, D Schools as reporting deadline approaches
1 hour -
September 21 declared public holiday for Founder’s Day
1 hour