In spite of challenges presented by Ghana’s Debt Exchange Program (DDEP), President John Dramani Mahama has reiterated his commitment to finishing important infrastructure projects under the Synohydro Program.
During his “Thank You Tour” in the Western Region on February 5, 2025, President Mahama gave an update on the nation’s attempts to restructure its debt and reaffirmed his administration’s commitment to promoting the development of vital infrastructure.
Major projects like the Takoradi Interchange, the Agona Dualization Project, and important road developments in the Nzema enclave would continue, he promised, thanks to ongoing talks with official and commercial creditors.
In addition to road infrastructure, Mahama highlighted plans to increase railway connections along the western corridor to improve the movement of manganese and bauxite to the port of Takoradi, increasing the area’s industrial capacity.
“Ghana has been involved in a Debt Exchange Programme, and the DDEP has affected the projects that were packaged under the Synohydro Programme. We currently have finished negotiations with the official creditors and are soon to start negotiations with commercial creditors.
“I believe that this will pave the way for us to continue the Takoradi Interchange Project. We will also look at the Agona-dualisation project. And also, the Nzema enclave roads.
“We will also look at the railways to expand the connections from the Railways along the western corridors in order that we can haug bauxite and manganese to Takoradi ports.”
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