Vice President Dr Mahamudu Bawumia has disclosed that the Pwalugu Multipurpose dam project is facing financial challenges.
According to him, this is what has resulted in the long delay in its construction.
Dr Bawumia revealed this on Wednesday, November 2, at the launch of the Northern Development Authority’s five-year strategic plan in Tamale.
However, he said government is committed to the project and will look for funds for its construction.
“Even though the project is facing financial challenges, we are determined to find the resources to complete the construction of the dam.”
President Akufo-Addo cut sod for the construction of the Pwalugu Multipurpose dam project in 2020.
It was to be funded with a Sydohydro facility of $993 million.
The project, awarded to China Power International group, was scheduled for completion four years after the sod cutting.
The project was aimed at addressing the perennial flooding associated with the spillage of the Bagre dam from neighbouring Burkina-Faso and also providing 60MW and 50MW of hydro and solar electricity respectively.
But physical construction of the project at Kurugu in the North East Region is yet to commence after two years and ten months into the project's execution period.
Latest Stories
-
Government suspends implementation of price Stabilisation and Recovery levy on petroleum products
33 mins -
Takoradi traders lament over low sales ahead of Easter
2 hours -
Michael Ampadu: One Student, One Tablet initiative will shape the future of education and innovation
2 hours -
I will partner you for development – Alan tells TUC
2 hours -
Malnutrition, anemia remain concern to UNICEF
3 hours -
Kasoa shrinking penis: Court remands Electrician over false alarm
3 hours -
Chief of Mampong Hemang donates land for mental health facility construction
4 hours -
‘I look forward to working closely with President-elect Faye to enhance Ghanaian-Senegalese relations’ – Akufo-Addo
4 hours -
Girl, 8, only survivor as 45 killed in bus crash in South Africa
4 hours -
Biden to host star-studded NYC fundraiser with Obama and Clinton
5 hours -
GDNR, AAU and others launch Universal Acceptance for local languages in internet domain names
5 hours -
Ogum and Kotoko’s March malaise
7 hours -
BushGang Zee releases new afro dancehall anthem “Accra Stay By Plan”
7 hours -
2 repair vessels dispatched for undersea cable repairs – says NCA’s latest update
7 hours -
Multimedia Group Limited’s Clinton Yeboah shortlisted for 2 International Sports Press Association Awards
7 hours