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Business News of Wednesday, 3 March 2010

Source: GNA

Parliament Grants Loan for the construction of Awoshie-Pokuase road

Accra, March 3, GNA - Parliament on Monday granted a loan of to 80.35 million dollars from the African Development Fund to finance the construction of Awoshie-Pokuase road.

The loan would be paid within a period of 30 years. Mr Joe Gidisu, Minister of Roads and Highways, said the project which was the first of its kind in Ghana, would take care of educational facilities, water and sanitation of the towns along the roads, particularly Awoshie, Pokuase and other villages on the that route. He said the financing of these projects would necessitate a supplementary loan.

Ms Ayorkor Shirley Botchway, member for Weija making reference to the Kasoa-Accra road, said communities were too close to the road resulting in constant accidents.

She said the most vulnerable were the children who in their attempts to cross the road in most cases got involved in accidents. She noted that last year about 447 accidents were recorded on the Kasoa road, out of which 26 deaths occurred. She noted that in constructing the Awoshie-Pokuase road efforts must be made to avoid such problems.

Alhaji Muntaka Mohammed-Mubarak, member for Asawase, said the contractors who would be engaged on the project must execute it within the scheduled time to avoid more cost. He said the Ministry of Roads and Highway must fast track the processes of documentation. He said any delay in the process could affect the cost of the construction which would not benefit the country. 3 March, 10