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    You are at:Home»Politics»Deputy Finance Minister Urges Stakeholders to Back Newly Launched GIP
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    Deputy Finance Minister Urges Stakeholders to Back Newly Launched GIP

    Papa LincBy Papa LincOctober 27, 2025No Comments3 Mins Read3 Views
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    Deputy Finance Minister Urges Stakeholders to Back Newly Launched GIP
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    All stakeholders must rally behind the newly launched Ghana Infrastructure Plan (GIP), describing it as a defining step toward building a modern, connected, and resilient nation, Deputy Minister for Finance, Thomas Nyarko Ampem, has said.

    Speaking at the launch of the infrastructure plan, he reaffirmed the government’s commitment to ensuring that the GIP becomes the cornerstone of Ghana’s infrastructure transformation agenda.

    “This launch is a milestone that marks a decisive step toward transforming our nation’s infrastructure landscape and accelerating Ghana’s journey toward sustainable, inclusive growth,” the Deputy Minister said.

    He noted that the Ghana Infrastructure Plan was a practical expression of President John Dramani Mahama’s vision for continuity and long-term national development that transcends political cycles.

    He said the Plan not only sets a clear roadmap for infrastructure investment but also strengthens coordination and accountability across the government and private sector actors.

    He explained that the Ministry of Finance was particularly focused on three imperatives essential for success — collaborative financing, effective coordination, and strategic communication.

    According to him, these pillars would ensure that the Plan did not merely remain a policy document but becomes a living framework that drives real transformation.

    “We at the Ministry of Finance stand ready to co-lead in all fronts. Infrastructure financing is a foremost priority of President Mahama’s government. Through the Big Push Initiative, we have allocated GH¢13.9 billion — part of a US$10 billion medium-term programmed financing — to accelerate infrastructure expansion,” he said.

    The Deputy Minister further revealed that the government was strengthening the Ghana Infrastructure Investment Fund (GIIF) to serve as a key vehicle for blended financing, while also reforming the Public-Private Partnership (PPP) framework to attract more private capital into major infrastructure projects.

    Mr Nyarko Ampem emphasised that beyond technical soundness, the success of the Ghana Infrastructure Plan would depend heavily on strategic communication and public engagement.

    “This Plan represents a grand national vision,” he said. “We must communicate it effectively to inspire collective ownership and attract private sector partnerships for its implementation.”

    He reaffirmed the Finance Ministry’s readiness to partner the National Development Planning Commission (NDPC), Parliament, and the private sector to execute the Plan effectively, stressing that its full implementation would mark a turning point in Ghana’s economic renewal.

    The Ghana Infrastructure Plan, prepared by the NDPC, provides a comprehensive roadmap for infrastructure development over the next three decades, focusing on transport, energy, water, sanitation, digitalisation, and housing.

    It is designed to promote inclusive growth, enhance productivity, and ensure long-term resilience for Ghana’s economy.

    By Times Reporter

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