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Cassiel Ato Forson Reveals Accra‑Kumasi Expressway Will Cost US$2.98 Billion

The Finance Minister announced that the new highway will cost nearly three billion dollars, with more than one billion dollars in projected savings earmarked to fund the Accra Orbital Expressway.

Finance Minister Cassiel Ato Forson speaking at the 2027 Budget Statement unveiling the Accra‑Kumasi Expressway cost
Cassiel Ato Forson Reveals Accra‑Kumasi Expressway Will Cost US$2.98 Billion

Finance Minister Cassiel Ato Forson disclosed during the 2027 Budget Statement that the proposed Accra‑Kumasi Expressway is estimated to cost US$2.98 billion. He added that the project’s dedicated account at the Bank of Ghana held about US$3 billion as of 11 November 2026, indicating that the funds are available for the road’s construction.

Forson said the government expects to achieve savings exceeding US$1 billion on the Accra‑Kumasi project. Those savings, he explained, would be sufficient to finance the construction of the Accra Orbital Expressway, allowing the government to undertake a second major road project without additional borrowing.

The two highways are part of a broader infrastructure development agenda aimed at improving connectivity between Ghana’s two largest economic centres, Accra and Kumasi. The expressway is expected to reduce travel time, boost trade, and stimulate regional growth.

In a separate announcement, the Finance Minister also revealed that revenue from the Communications Service Tax (CST) earmarked for youth employment and apprenticeship programmes will no longer be capped. The decision is intended to channel more tax revenue into creating jobs and developing skills among young Ghanaians.

As the government moves forward with these projects, stakeholders will watch closely how the projected savings are managed and whether the orbital expressway will commence as planned. The next steps will involve detailed engineering studies, land acquisition processes, and securing the necessary approvals from relevant authorities.

Written by

Daniel

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