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Say It Loud



ndc says economy is on track

Author:
TONY
Date:
2003-10-01 10:25:11


The stabilization of the cedi is not due to any magic wand, but realistic, prudent and actual management of the economy.

A while ago...people thought the cedi stabilization was luck...well not any more. The cedi is till strong and its due to Good Governance. Simple.

Although imports has gone up we still enjoy a stable cedi. The price of Gas went up 100% and Guess what due to sound policies we did not fall to corresponding increase in goods and services. Hello is not magic...It called NPP.

Revenues are up...yes after all the ghost names on government. pay roll was detected and ceps made more efficient.

Ghana under NPP was borrowed allot...Guess what they have also saved the country much more in debt relief. You see Debt relief is earned or given. NPP earned it by policy implementation. HIPC has saved us millions. its not how much you owe but how can you service the debt. we can now.

Police. mine or mine. they have cool cars and are on the road in fact when in the capital you are bound to see a police car in ten minutes at most. That is great.

The contractors that did work in NDC TIME and were never paid ...guess what they have been paid. the money owed to the students...well soon to be settled. The Kumasi road...toll road soon to start. The tetequshie fly over almost completed. the first phase of cape coast road underway. The six lane to nsawam under way. The mole road underway.

245 KM Pipeline to carry gas to Buipe underway. The construction of factories for the PSI garment village to employ 100 000 people are underway at Tema... Tema-Sogakope road by KFW under procument

The housing the people scheme is currently underway in the eastern region.

ACCRA ? YAMORANSA

The Accra ?Yamoransa Road is part of the Trans-Coastal West African Highway. The total length to be reconstructed is 116.1 km at an estimated cost of US$ 90.0 million. The project has been packaged into two sections.

Section 1: Mallam ? Kasoa (17.1 km) This section is to be developed into a dual carriageway with funding support from the World Bank. Prequalification of contractors has been completed. Tenders for the works will be opened on Thursday 20th March 2003. Currently relocation of utilities is on-going.

Section 2: Kasoa ? Yamoransa (99 km) The Government of Japan is supporting with grant to rehabilitate this section. Work is expected to start by August 2003.

TEMA ? AFLAO (166 KM) The Tema ? Aflao road also forms part of the Trans-coastal West African Highway. This road section links Ghana to her eastern neighbours. The road will be constructed in two sections. Tema-Sogakope-Akatsi Section (110 km) Work started in February 2003 on the Tema-Sogakope section and work will be completed in 30 months. The total cost of the project is ? 224 billion. The contractors for the project are M/S Daewoo and E & C with funding support from KfW. The design review of Sogakope-Akatsi section will start by July 2003.

Akatsi ? Aflao Section (56 km) The Akasti-Aflao section is jointly funded by African Development Bank (ADB) and Ecowas Fund. The procurement for the consultant to carry out the design review is in progress.

ACCRA ? KUMASI In fulfillment of the promise by Government as stated in His Exellency the President?s State of the Nation Address to Parliament in January 2002, sections of the Accra ? Kumasi have started. Apedwa ? Bunso Section (23 km)

The construction of this section started in May 2002. It is being constructed by Messrs Sonitra at a cost of ? 91.4 billion. 20% of the works have been completed as at end February 2003 . The African Development Bank is supporting Government with funds.

Bunso ? Anyinam Section (11.5 km)

BADEA and OPEC is providing financial support to Government amounting to ? 43.8 billion. Progress is 30% completed as at end of February 2003.

Anyinam ? Konongo Section (90 km)

This section is being rehabilitated at a cost of ? 128 billion with funding assistance from the ADB. Messrs Sonitra is the contractor for the project.

Konongo ? Kumasi Section (44 km)

Procurement of the contractor for the civil works for Konongo-Kumasi has been completed and works is programmed to start in September 2003. DANIDA is providing funding support to Government.

Dualization Programme

The Government of Ghana has decided on the dualization of the three main trunk roads originating from Accra namely: ? Accra ? Kumasi Road ? Accra ? Cape Coast Road ? Tema ? Aflao and ? Kumasi - Techiman

The dualization of these roads would be undertaken under a Build, Operate and Transfer (BOT) scheme using the Private Sector. These schemes will take into consideration the on-going constructional works on sections of the roads.

Negotiations are far advanced with a private concessionaire in starting the BOT scheme in Ghana

Tetteh Quarshie Circle ? Mamfe Road Project

Work has started in earnest on the Tetteh Quarshie Interchange Project. The cost of the Interchange works is ?80 billion and is expected to be completed in 27 months by Messrs Sonitra JCCN JV. The section from Tetteh Quarshie Circle to Pantang is to be developed into a three-lane dual carriageway. Contract for the relocation of utility lines has been awarded. The section from Madina to Pantang will be supported by the Saudi Fund and BADEA at a total cost of US$25 million.

The Pantang ? Mamfe section is programmed for rehabilitation under ADB support. Currently we are awaiting ADB response on the Design Review Report and the revised Tender Document to enable the procurement of works to start.

Wenchi - Bamboi ? Bole Works on the Wenchi ? Bamboi road is in progress. The contractor is P &W Ghanem. Government is supported by the KfW.

Bamboi-Bole

The World Bank is supporting the Tinga-Bole section (53km) at a cost of ?45.6 billion. His Excellency the Vice-President cut the sod in February 2003 to start the commencement of the works. The project is to be completed in December 2004.

Jasikan ? Brewaniase ? Yendi This is the shortest route to the North from Accra. The total length of this road is 263 km. The Jasikan ? Kadjebi section (24 km) has been reconstructed. The remaining section of 239 km from Kadjebi ? Yendi will be reconstructed at a cost US$90 million. Contract has been awarded to Messrs Top International Engineering Ltd of China for the construction of 33 km from Kadjebi towards Brewaniase at a cost of ?41.7 billion.

Tamale Yendi Work has started on the remaining 43 km section of the Tamale ? Yendi road. The total cost of the works which is ?33.9 billion was awarded to Messrs A & N Ghanem and Taysec for Lots 1 & 2 and Lots 3 & 4 respectively.

Bawdie - Asankragua

The 34km Bawdie-Asankragua Road (Manso-Amenfi-Asankragua section) in the Western Region started in December 2002 for completion in 24 months. The contract sum is ?68.4 billion and it is being executed by PW Ghana /PW Nigeria JV.

In addition to the above trunk road projects, the European Union is supporting the construction of the following roads:

Completion of Evaluation Tenders/Bid Opening

v Axim Jct ? Tarkwa (59km). This is a continuation of the Takoradi-Agona Junction Project. v Abuakwa (Kumasi) ? Bibiani. This is a 74 kilometre link road between the Awaso-Nobekwa-Gambia No.2 Road which was recently completed.

Kumasi ? Techiman (113 km) The European Union will also support the Kumasi ? Techiman Road. The first phase of 33km will be@@@@@@
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