Infrastructure Development
Investment Opportunities, Industries and Sectors
Ghana’s medium-term development framework pinpoints the critical and vital role infrastructure plays in propelling economic growth and sustainable poverty reduction. Though the country is doing well economically, there remain serious shortfalls in the provision of infrastructure. Budget for projects and activities in the running of the country have also experienced huge deficits in the past years - a situation attributed to the lack of adequate funds and other resources available to government to undertake infrastructural projects.
In the specific context of improving the level of infrastructure in the country, the goal is to facilitate both intra-regional trade and to open up rural areas for investment, productivity enhancement and job creation, introduce/deepen competition and create an enabling environment for the private sector to spearhead the country’s development. Mass transport infrastructure development opportunities include: roads and highway construction, railway rehabilitation, water transportation systems, airport expansion and seaport upgrading. There are plans to develop both of Ghana’s busy commercial container ports in Tema and Takoradi to meet growing levels of international traffic.
Takoradi Port, in particular, is looking at a substantial development plan over 3 phases to increase capacity and modernise its handling of bulk cargo, container traffic and oil services.
There are firm plans by the Government to develop the rail network more extensively to handle up to 60% of solid and liquid bulk cargo haulage between the ports and the interior and /or the landlocked neighbouring countries to the north of Ghana and elsewhere. The government has set out seeking the necessary investment to restore the network, improve speed and axle load capacity and replace worn-out rolling stock. Other opportunities exist through the development of meeting facilities such as multipurpose convention, conference and exhibition centres or rest stops with facilities for parking, washrooms, cafeteria, shop, fuel and auto servicing.