On Wednesday, June 5, 2024, Minister for Roads and Highways, Francis Asenso-Boakye (MP), signed a Memorandum of Understanding (MoU) with the Korea Expressway Corporation, South Korea’s state-owned entity for expressway construction and operation.
The signing ceremony, held at the Westin Josun Hotel in Seoul, aimed to enhance collaboration and development in the road and transportation sectors of both countries.
The MoU focuses on bolstering cooperation between Ghana and South Korea in areas such as road and traffic policy, planning, operation, maintenance, and traffic management.
Minister Asenso-Boakye’s visit to Korea was part of his participation in the Korea-Africa Infrastructure Forum, organized by the Korean Ministry of Land, Infrastructure, and Transport during the ‘2024 Korea-Africa Summit’.
The Ghanaian government anticipates that this agreement will significantly contribute to economic growth and improve regional connectivity.
By effectively managing major road and transportation projects, Ghana aims to enhance access between urban and rural areas, fostering comprehensive national development.
Asenso-Boakye expressed optimism about the MoU, highlighting the opportunity to leverage South Korea’s innovative technologies, expertise, and experiences.
He noted that the agreement would also facilitate exchange programs for technical experts, enhancing their capacity in their respective duties.
Ham Jin-Gyu, President of the Korea Expressway Corporation, remarked, “This agreement strengthens the friendly relations between our two countries and lays the groundwork for our business ventures in Africa. We will continue to pursue advancements in overseas road and transportation infrastructure projects.”
This collaboration marks a significant step for Ghana in improving its road and transportation infrastructure by utilizing international expertise to drive national progress.
