A $338 million loan agreement for the renovation and extension of the Accra-Tema motorway and other national roads is being proposed by the government to parliament.

Within 36 months, the facility will also provide funding for the six-lane divided Nsawam highway’s rehabilitation.

The Parliamentary Finance Committee’s vice chairman, Patrick Boamah, made this revelation to media on Monday in Accra.

The MP for Okaikwei Central Constituency stated, “The Accra-Tema motorway alone is 19.5 kilometres, but this project is 27.7 kilometres, so one may ask, where are you getting the remainder from? The entire project is divided into three sections. The first section is the Accra-Tema Motorway, which is 19.5 kilometres, and it is going to be the rehabilitation and expansion of a minimum of 10 lanes on the motorway… Then, the second section is N1, the George Walker Bush highway, and the scope is 5.7 kilometres… Then the third scope is the Nsawam road, rehabilitation of the existing six lanes on the Nsawam road.”

“…So this is the scope of work that is going to happen. So you can tell from what I have told you that it is going to be a very comprehensive program that will span about 3 years or more depending on how the project goes. And it is going to be a joint venture between Maripoma Limited and Ghana Infrastructure Fund.”