Thomas Nyarko Ampem, the deputy minister of finance, has urged all parties involved to support the recently unveiled Ghana Infrastructure Plan (GIP), characterising it as a pivotal step in creating a robust, modern, and connected country.
Speaking at the infrastructure plan’s introduction, Mr. Nyarko Ampem emphasised the government’s determination to make the GIP the focal point of Ghana’s program for infrastructure reform.
The Deputy Minister stated, “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.”
He pointed out that President John Dramani Mahama’s goal for continuity and long-term national development that cuts across political cycles is embodied in the Ghana Infrastructure Plan.
According to him, the Plan improves accountability and coordination between public and private sector actors in addition to providing a clear road map for infrastructure investment.
He clarified that three imperatives—collaborative financing, efficient coordination, and strategic communication—are of special importance to the Ministry of Finance.
These pillars, he said, will guarantee that the Plan becomes a dynamic framework that propels actual change rather than just a set of policies.
“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 announced.
The Deputy Minister also disclosed that in order to draw more private investment into significant infrastructure projects, the government is reforming the Public-Private Partnership (PPP) framework and bolstering the Ghana Infrastructure Investment Fund (GIIF), which is a crucial tool for blended financing.
Mr. Nyarko Ampem underlined that strategic communication and public involvement will be crucial to the Ghana Infrastructure Plan’s success in addition to its technical soundness.
“This Plan represents a grand national vision. We must communicate it effectively to inspire collective ownership and attract private sector partnerships for its implementation,” he said.
He underlined that the Plan’s full execution will signal a sea change in Ghana’s economic revitalisation and reiterated the Finance Ministry’s willingness to work with the NDPC, Parliament, and the private sector to carry it out successfully.
With an emphasis on transportation, energy, water, sanitation, digitisation, and housing, the Ghana Infrastructure Plan, created by the National Development Planning Commission, offers a thorough road map for infrastructure development during the ensuing thirty years.
Its goals are to guarantee Ghana’s economy’s long-term stability, boost productivity, and encourage inclusive growth.
Source: newsthemegh.com