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ANOTHER FLAGSHIP PROJECT IN WATER

Author:
Mr Beans
Date:
2021-07-22 07:16:04


DO YOU REMEMBER HOW LACKEYS FOR ADDO LED BY OKATAKYIE & KWAKU ROMEO DEFENDED THIS DEAL AS IF THEIR LIVES DEPENDED ON IT?

President Akufo-Addo inaugurated a US$1.5 billion road infrastructure project under the Sinohydro Master Project Agreement by cutting sod for the construction of the Tamale Interchange project in April 2019.

The Master Project Support was agreed between Ghana and the Sinohydro Corporation Limited in 2018 to address major infrastructure challenges in the country and fund other infrastructure like roads, bridges, interchanges, hospitals, housing, railway development as well as rural electrification.

Months after the launch, much is yet to be seen under the overall US$2 billion deal.

Per the agreement, the Sinohydro Corporation of China will provide the infrastructure of the government’s choice in exchange for Ghana’s refined bauxite.

Though critics called for the agreement to be reviewed warning it would add to Ghana’s debt stock, the government insisted it is a barter arrangement that will not ballon the public debt.

https://citinewsroom.com/2021/07/sinohydro-road-project-a-fiasco-contract-should-be-terminated-agbodza/

[This is an authentic posting from Mr Beans (Registered User)]
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Comment to Topic
Kwaku Romeo Esq
07-22 08:37
OsaagyefoBa Kasa Barima
07-22 08:34
Kwaku Romeo Esq
07-22 09:41