Ghana seeks $15bn over 10 years to close infrastructure gap

Ghana requires some 15 billion dollars
per annum over the next decade to plug a gap in
its infrastructure, Vice President Kwesi Amissah-
Arthur said on Tuesday.
Amissah-Arthur said this at a forum of financial
sector operators and private entrepreneurs in
Dakar.
He spoke after flooding in Accra last week
exposed problems with creaking public services in
Accra.
“It is estimated that to address our infrastructure
deficit, we require about $15 billion per annum
over the next decade.
“It is a huge challenge because the public sector
budget will not be able to generate the required
funds to close that funding gap.
“So we need support from the private sector,
hence the government’s emphasis on the private-
public partnerships (PPP) concept to deal with the
situation.”
SHAR.