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  • Road Tolls Return On Selected Roads; Finance Minister Ken Ofori-Atta Announces During 2022 Mid-Year Review
  • traffic finance

Road Tolls Return On Selected Roads; Finance Minister Ken Ofori-Atta Announces During 2022 Mid-Year Review

Tanya J. Montague July 27, 2022
  • The governing administration has announced the return of street tolls on picked streets in the state
  • The tolls have been launched as part of a general public private partnership agreement to enhance some of Ghana’s roadways infrastructure
  • The Finance Minister Ken Ofori-Atta said the tolling would be essential to recoup cash applied in the design of the roads

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Finance Minister Ken Ofori-Atta has announced the return of street tolls on some chosen roadways in the nation soon after a daring decision final calendar year to scrap them.

When presenting the 2022 midyear budget overview to Parliament on Monday, July 25, 2022, Minister of Finance Ken Ofori-Atta reported the tolls will be re-launched on selected roads below a Public Non-public Partnership deal.

“Underneath the Ministry of Streets and Highways, Community Non-public Partnership (PPP) programme for highway infrastructure, the Layout, Create, Finance, Run, and Manage (DBFOM) Accra – Tema Motorway and Extension PPP Undertaking (27.7km) is at the procurement phase. Web site will work are envisioned to commence in September 2022,” he advised Parliament on Monday.

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road toll
Random pictures of streets. Resource: Fb/@bp.sayeed
Source: Facebook

The minister stated the government has resolved to procure the Accra-Tema Motorway and Extensions Project by Ghana Infrastructure Financial investment Fund (GIIF) to raise greatest money from the industry.

Pay back Consideration: Simply click “See First” underneath the “Following” tab to see YEN.com.gh News on your News Feed!

He reported the the vast majority operator of the job would, on the other hand, be the GIIF on behalf of the government.

“The done street will be tolled to recover the full lifetime price of the finished infrastructure as well as shell out lenders and offer a return for fairness investors,” he said.

The minister final yr declared that all tolls on general public streets and bridges experienced been abolished. Just one of the reasons the minister gave at the time for the cancellation of tolls was that the booths exactly where they are gathered normally brought about weighty targeted traffic on Ghana’s streets, which negatively impacted perform and efficiency.

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The community, particularly specialists, criticised the governing administration for scrapping the tolls.

18-12 months-old Ghanaian boy builds motor vehicle that moves from scraps

In the meantime, YEN.com.gh has documented in a independent story that Ghanaian teen, Obed Obeng Danso of the Local community Growth and Vocational Specialized Institute (CONVOTECH) in Tarkwa in the Western Location, has designed his to start with car or truck.

The 18-yr-old’s car runs on gas with just about no obstacle as it moves with no impediments on the street.

Danso instructed Ghanaweb on BizTech that he constantly dreamt of building a vehicle, and as a result of dedication, he eventually created it a fact.

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Source: YEN.com.gh

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