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NewsI won't borrow to construct roads if I become president – Alan...

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I won’t borrow to construct roads if I become president – Alan K

Presidential Candidate of Movement for Change, Alan John Kwadwo Kyerematen, envisions a development paradigm where the private sector funds road infrastructure, diverging from government loans.

He believes this will remedy the country’s poor road network, especially in the Western Region, known for its significant resource contribution yet neglected roads.

Addressing journalists after touring the Western Region, Mr Kyerematen emphasized his commitment to change the road development narrative.

He proposed incentivizing the private sector to finance road projects instead of relying on government resources.

Tolling major roads and fostering public-private partnerships, akin to successful port ventures, would be instrumental, he noted.

Mr Kyerematen also addressed the persistent illegal mining issue, commonly known as ‘Galamsey,’ stressing the need for a holistic approach.

“I’ve made a policy commitment that under an Alan Presidency, financing road projects will not be done with government budgetary resources. I will create an arrangement where the private sector is enabled and supported with incentives to raise the finances to fund road projects.

“The government does not need to borrow money to fund road projects. With the right incentives private investors, both local and foreign, will be drawn to take on such roles.”

For example, he explained, “This means we have to toll all our major roads. Government resources will then only be restricted to town roads…And it’s not just for roads but all other public infrastructure. If you take the Tema and to some extent the Takoradi Ports, it is a public-private investment. If you take some of the world’s most developed air and sea ports are financed by the private sector, so why not Ghana…”

He advocated for involving small-scale miners in sustainable solutions, proposing a model where they become stakeholders in legal mining ventures, subject to environmental regulations.

Under his governance, Mr Kyerematen pledged to empower youth in mining areas, facilitating legal mining operations aligned with international standards while ensuring environmental stewardship.

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3 COMMENTS

  1. You guys messed the country up and you are here saying rubbish, masa masa you have nothing to offer…no wonder you chose butterfly cos the butterfly itself likes playing a lot….

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