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Ghana seeks $15bn over 10 years to close infrastructure gap

BusinessDay
1 Min Read

Vice President Kwesi Amissah-Arthur stated on Tuesday that Ghana requires some 15 billion dollars per annum over the next decade to plug a gap in its infrastructure, .

Amissah-Arthur said this at a forum of financial sector operators and private entrepreneurs in Dakar.

He spoke after flooding in Accra last week exposed problems with creaking public services in Accra.

“It is estimated that to address our infrastructure deficit, we require about $15 billion per annum over the next decade.”

“It is a huge challenge because the public sector budget will not be able to generate the required funds to close that funding gap”.

“So we need support from the private sector, hence the government’s emphasis on the private-public partnerships (PPP) concept to deal with the situation.”

NAN

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