Audio By Carbonatix
Government entered into a $2 billion Master Project Support Agreement (MPSA) with the Chinese state-run, Sinohydro Corporation Limited in September 2018, to bridge the severe infrastructure deficit in the country.
Under the deal, Sinohydro, a hydropower engineering and construction firm, will finance and execute the construction of infrastructural projects across the length and breadth of Ghana in exchange of access to sites to mine bauxite.
The projects include hospitals, an extension of electricity to rural communities, construction of court and residential buildings for the Judicial Service, landfill sites and industrial parks.
But the Minority in Parliament has expressed concern that the $2 billion deal between Ghana and Sinohydro will only add up to the debt stock of the country, thereby, further burdening the already burdened taxpayer.
There has been a delay in the execution of these projects, however, government says there is no cause for worry.
Meanwhile, in a documentary titled “Where is the $2 billion Sinohydro deal?” JoyNews’ learned that government has only managed to access $100 million for the first phase of the project.
Tonight on PM Express, host Evans Mensah engaged the Director of Special Projects and Investor Relations at the Office of the Vice President, Dr Mutaka Alolo and Minority Spokesperson on Finance Committee, Dr Cassiel Ato Forson to discuss the status of the Sinohydro deal.
Latest Stories
-
Prof. Antwi-Danso urges Mahama to lead a united African front against external influence
4 minutes -
Jamaican government praises Ghanaian engineers for for post-hurricane reconstruction
6 minutes -
500 Alpha Kappa Alpha members mark Founders’ Day in Ghana, reconnect with African Roots
8 minutes -
Retired colonel warns geopolitical tensions could trigger global conflict
13 minutes -
Ghana’s delegation engages in UN Child Rights review in Geneva
18 minutes -
GPRTU denies union involvement in overcharging passengers amid vehicle shortage claims
21 minutes -
Today’s Front pages : Thursday, January 15, 2026
22 minutes -
Refuge IT Security Solutions & LifeTouch Inc support ESL Sports Personality of the Year
25 minutes -
Dr Edward Nartey Botchway: The mechanics of trust in modern banking
29 minutes -
Tricycle union urges gov’t to reduce GH₵1,500 licensing fees to boost compliance
30 minutes -
Trade Minister pushes for concrete China-Ghana investments
32 minutes -
Government has advanced nationwide expansion of CHPS compounds – Kwakye Ofosu
35 minutes -
Gov’t credits fuel and import cost cuts for easing living costs
35 minutes -
Government likely to launch Women’s Development Bank this year – Kwakye Ofosu
1 hour -
Chief Justice pays courtesy call on Education Minister to strengthen institutional collaboration
1 hour
