President Akufo-Addo reduces his contribution to the exchange of Tamale; Launches $ 2 Billion Deal on Sinohydro | Policy

The President of the Republic, Nana Addo Akufo-Addo Dankwa, has launched the agreement of support for the project between the Government of Ghana and SinoHydro (MPSA), worth $ 2 billion, and also cut the land for the construction of the Tamale Interchange, the first interchange located in the north of the country. sector of the country.

According to President Akufo-Addo, Ghana, through a barter agreement, will carry out priority infrastructure projects worth US $ 2 billion nationwide, in exchange for delivery to Sinohydro of aluminum products manufactured in Ghana.

The barter agreement therefore required the creation of the Ghana Integrated Aluminum Development Corporation, a statutory public corporation, to oversee the development of the operation of the entire bauxite value chain in the country.

This he explained, he said, in order to guarantee Ghana a vibrant aluminum industry "and to guarantee the end of the barter transaction." This innovative arrangement, the first of its kind on the continent, is not going to increase the total stock of the debt of our country. "

The President announced Wednesday, April 10, 2019 at Jubilee Park in Tamale, Northern Region.

Each of the sixteen (16) regions should benefit from the Sinohydro Arrangement, with hospital projects, extension of electricity in rural communities and construction of courts and residential buildings for the Judiciary, landfills and industrial parks. .

Phase 1 projects, approved by Parliament, are:

1.Lot 1 – Construction of roads in the city center of Accra. Eighty-four (84) kilometers of roads in Trobu, Anyaa-Sowutum, Dome-Kwabenya, Adenta and Teshie will be constructed;

2. Lot 2 – Construction of Kumasi and Mampong Inner City Roads. A total of one hundred (100) kilometers of downtown roads will be built in Kumasi and Mampong. In Kumasi, the relevant road networks are in Manhyia, Suame, Tafo Pankrono, Asokwa, Kwadaso, Oforikrom, Subin, Nhyiaeso and Bantama;

3.Lot 3 – Construction of the Tamale Interchange;

4.Lot 4 – Construction of the PTC roundabout interchange at Sekondi-Takoradi, the first interchange located in the western part of our country;

5.Lot 5 – Dualization of the Adenta-Dodowa road. Fourteen (14) kilometers of the Adenta-Dodowa road will be doubled to reduce congestion, improve road safety and reduce travel times in the corridor;

6.Lot 6 – Construction of Sunyani Inner City and Berekum Township Roads. A total of thirty-nine (39) kilometers of roads will be built in the Sunyani and Berekum townships. In Sunyani, twenty-nine (29) kilometers of downtown roads will be built, while the township of Berekum will build ten (10).

7.Lot 7 – Construction of Prestea Township Roads and Downtown Cape Coast. Thirty-two (32) kilometers of roads will be built at Cape Coast and Prestea. In Cape Coast, twenty-two (22) kilometers of downtown roads will be constructed, while the Township of Prestea will build ten (10).

8.Lot 8 – Improvement of certain feeder roads in the Ashanti and West regions. Sixty-eight (68) kilometers of feeder roads in the Ashanti and North West regions will be rehabilitated. Roads that will be rehabilitated are mainly in communities with bauxite deposits;

9.Lot 9 – Rehabilitation of Akim Oda-Ofoase Road. This lot includes the rehabilitation of the 38 km Akim Oda-Ofoase Road, which is part of the IR3 national road network and runs through several rural communities linking Akim Oda to Ofoase;

10. Lot 10 – Construction of the Hohoe-Jasikan-Dodo Pepesu Road of the East Corridor. This will involve the construction of the sixty-six (66) kilometer section of the east corridor road between Hohoe to Jasikan and Dodo Pepesu;

President Akufo-Addo explained that these projects must be implemented on the basis of engineering, procurement and construction (EPC) and will be completed within thirty (30) calendar months after the start of the works. .

"The government also ensures that, under the Local Content Law, at least 30 percent of the work is done by Ghanaian contractors and overseen by Ghanaian consultants. Thousands and thousands of jobs will be created for our young people, our country will be open to sustained growth and development, thus helping to put Ghana on the path of progress and prosperity, "she said. he adds.

The President has instructed the Ministry of Roads and Roads and its implementing agencies to ensure that all work undertaken is adequately and adequately supervised, to ensure that the country gets value for money and to respect scrupulously the dates of completion.

While urging entrepreneurs to abide by the country's environmental protection laws and take steps to mitigate the negative impacts of projects on the health of citizens, President Akufo-Addo said: "I will not tolerate any delay in the execution and delivery of the project. different infrastructure projects. Thirty (30) months is thirty (30) months. "

As part of Phase 2 of the Sinohydro Agreement, which will be commissioned after Parliament's approval, 1,300 kilometers of roads, 3 interchanges and 69 additional steel bridges will be constructed, for an estimated $ 850 million. dollars.
Additional housing projects, rural electrification projects, industrial parks, hospitals, sanitation projects, as well as additional courts and residential buildings for the judicial service, are part of phase 2 .