President John Dramani Mahama has announced that US$2 billion has been secured to finance the construction of the Accra-Kumasi Expressway, assuring that funding will not disrupt the project once construction begins.
According to President Mahama, the money has been secured from taxpayers’ funds and placed in a dedicated account at the Bank of Ghana to ensure that the contractor is paid promptly throughout the project.
“This is our own money. We have not gone to borrow money from anywhere. This money is the taxpayers’ money,” President Mahama said.
He was speaking on Monday, September 14, 2026, at a ceremony to hand over the 175.6-kilometre cleared right-of-way for the expressway.
President Mahama said government would ensure that certificates presented by the contractor are settled on time to prevent delays or interruptions to the construction works.
Finance Minister Dr Cassiel Ato Forson has also assured that the full amount required for the project will be available by December 31, 2026.
Government has maintained that it will not borrow to finance the construction of the Accra-Kumasi Expressway.
President Mahama has further directed the Minister for Roads and Highways to engage the Ghana Armed Forces Engineers Regiment as a major subcontractor to the main contractor.
The Regiment is expected to undertake portions of the project as part of government’s arrangements for the construction of the expressway.
