
Audio By Carbonatix
A former Minister for Roads and Highways/Works and Housing, Francis Asenso-Boakye has urged the government to take decisive action in mainstreaming public-private partnerships (PPPs) as a key strategy to address Ghana’s growing infrastructure deficit.
Speaking on the floor of Parliament, the Member commended the MP for Ofoase/Ayirebi, Kojo Oppong Nkrumah for his insightful statement on the role of PPPs in the provision of public infrastructure and services.
He noted that Ghana’s infrastructure needs far exceed available public funds, making it necessary to explore innovative financing models such as PPPs.
“The reality is that our annual budgetary allocations are insufficient to meet the country’s infrastructure demands. Reliance on traditional financing mechanisms—such as loans and grants—has become increasingly unsustainable,” he stated.
The former minister outlined key challenges hindering the success of PPPs in Ghana, including weak project preparation, bureaucratic delays, and regulatory uncertainties.
He emphasised the need to strengthen the Project Development Facility, which provides early-stage funding and technical assistance for PPP project preparation.
Additionally, he called for a review of the PPP Act (Act 1039) to streamline approval processes and introduce clear timelines to prevent unnecessary delays.
He also supported proposals for direct negotiations in cases where competitive bidding is impractical, provided that transparency and value-for-money principles are upheld.
“The passage of the PPP Act in 2020 was a step in the right direction, but regulatory gaps and bureaucratic hurdles continue to discourage private sector participation. We must act swiftly to remove these bottlenecks,” he said.
The former minister also proposed the development of a National PPP Project Pipeline, which would provide a structured list of priority projects over the next 5–10 years, giving private investors clarity on available opportunities. He urged the government to conduct investment roadshows to attract both local and international partners.
In conclusion, he stressed that PPPs are not a magic bullet but a necessary tool for sustainable infrastructure development.
“Mainstreaming PPPs is not just an option—it is an imperative if we are to close Ghana’s infrastructure gap and drive sustainable development,” he stated.
He called on the government to take decisive action in implementing these recommendations to ensure that PPPs become a fully integrated part of Ghana’s national infrastructure strategy for the benefit of the Ghanaian people.
Latest Stories
-
KMA to prohibit other assemblies from accessing Oti landfill site over looming sanitation crisis
2 minutes -
GTA supported A Plus’ Gomoa Easter Carnival – Abeiku Aggrey
3 minutes -
GRA to tighten controls on importation of right-hand drive vehicles
21 minutes -
You can’t leave a bigger legacy than Petroleum Hub project – Western Regional Chiefs tell President Mahama
22 minutes -
Lawra MP cuts sod for GH₵11m multipurpose dining hall construction at Birifoh SHS
24 minutes -
Ghana defend African Schools Football Championship title after shootout win over Burkina Faso
27 minutes -
Ghana’s education system must evolve or risk becoming irrelevant – Patricia Obo-Nai warns
34 minutes -
Ghana Health Service responds to dead fish incident at Tema Port
46 minutes -
David Vondee lauds Mahama for emergency Cabinet meeting and key resolutions
53 minutes -
Universities should focus on churning out impactful graduates rather than merely adding new programmes — UEW VC
56 minutes -
Publican AI system is speeding up trade, not slowing it — GRA Boss
59 minutes -
Government to construct a FIFA category 2 stadium in the Volta Region – James Gunu
1 hour -
CAF to introduce reforms to fix AFCON final controversies – Patrice Motsepe
1 hour -
EOCO defends probe into Kwamigah-Atokple
1 hour -
Fuel tanker accident at Breku Forest spills thousands of litres of diesel
1 hour