- Deputy Roads and Transport Minister says the Road Fund is currently strapped for cash
- He states government is hoping to break ground on Tema Motorway project before the year ends
Anthony Karbo, the Deputy Minister for Roads and Transport has disclosed that the delay in revamping some major roads including the Tema Motorway is due to the unavailability of funds.
The minister’s remarks follow the many complaints by motorists about the terrible state of one of the capital’s major highways.
The call for concern about the state of the Tema Motorway has increased in recent months, especially with terrifying rate at which accidents occur on that stretch.
According to Mr. Karbo, the Road Fund which was created to finance such road projects is unfortunately low on funds at the moment.
Speaking to Citi FM, Mr. Karbo stated that although a loan meant for the fund was approved, it has been difficult to access the money.
He stated however, that government seeks to address these challenges by finding other avenues to fund the project.
“We are working tirelessly to ensure that beyond the limited resources available to government and Ministry to do these roads, we get a concessionaire or get a strategic investor. Indeed, many have come before the Ministry and expressed interest in working with us to ensure that at least the current tolls can be used,” Mr. Karbo said.
He was positive that before the end of the year, government will be able to break grounds to revamp the Tema Highway, which will redistribute traffic to the Tema Industrial area.
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