Emmanuel Cherry, CEO of Ghana Chamber of Construction Industry
The Ghana Chamber of Construction Industry has disclosed that an amount of GH¢105 billion financial commitment was left by the New Patriotic Party (NPP) administration in the road sector.
The chamber’s Chief Executive Officer, Emmanuel Cherry, said the figure represents the total value of road and infrastructure contracts given out by the former government but which they could not execute or complete before leaving office.
According to citinewsroom.com, on Sunday, April 20, Cherry stated that during the ministerial vetting of the current Minister of Roads and Highways, Kwame Governs Agbodza, an initial figure of GH¢100 billion in commitments was disclosed, with available funds estimated between GH¢20 billion and GH¢25 billion.
However, with the release of the 2025 Budget, the actual liabilities have now become clearer, he said.
“As we speak now, the commitment is GH¢105 billion, these are contracts awarded for road construction, bridges, overheads and related infrastructure, but many of them have either not started or are yet to be completed,” he stated.
Cherry further noted that out of the total GH¢105 billion in commitments, projects amounting to GH¢21 billion have already been executed by contractors.
He further stressed that the government must urgently release this amount to enable contractors to remain liquid and return to site.
“This means government now needs to cough up GH¢21 billion for contractors so they can continue their work,” he emphasised, the report added.
VA/AE
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