Ghana has secured a US$12.83 million grant from the African Development Bank (AfDB) to finance feasibility studies for major infrastructure and industrial projects under the government’s Big Push programme.
The agreement was signed on Thursday by the Minister for Finance, Dr. Cassiel Ato Forson., marking a key step toward preparing priority projects for construction.
The projects to benefit from the grant include a proposed interchange at the 37 Military Hospital in Accra, as well as the redevelopment of major markets at Agbogbloshie, Techiman, Sekondi, and Mankessim.
In addition, the funding will support feasibility studies for Special Agro-Industrial Processing Zones planned for the Afram Plains, Nsawam, and Builsa.
According to Ato Forson, the grant will fund detailed feasibility studies, including full engineering designs, cost estimates, and environmental and social impact assessments, to ensure the projects are fully prepared for implementation.
He expressed gratitude to the African Development Bank and its Country Manager, Eyerusalem Fasika, for the Bank’s continued partnership and support for Ghana’s development agenda.
The government aims to complete the studies early enough to allow construction to commence in the near term, as part of efforts to accelerate infrastructure development, boost economic activity, and create jobs under the Big Push initiative.
