The Minister for Roads and Highways, Kwame Agbodza, and the Chief Executive Officer of COCOBOD, Dr. Ransford Abbey, have met to strategize on funding stalled cocoa roads projects.
The meeting, held earlier today, focused on developing a sustainable financial plan to complete critical road infrastructure in cocoa-producing regions.
As part of the discussions, a joint technical committee has been established, comprising officials from the Ministry of Roads and Highways and COCOBOD.
The committee’s mandate is to rationalize the cocoa roads portfolio, assess total commitments, and determine COCOBOD’s financial exposure regarding these projects. It is expected to submit its report within three weeks, outlining recommendations on resource allocation and project completion strategies.
The rationalization process will involve a comprehensive review of both ongoing and stalled cocoa roads projects, evaluating government financial commitments, and proposing measures to ensure efficient use of funds.
This initiative aims to provide clarity on the scope of work needed and facilitate the timely completion of essential road networks that support Ghana’s cocoa sector.
Agbodza reaffirmed the government’s commitment to delivering quality road infrastructure to enhance economic activities in cocoa-producing areas.
He emphasized that improving road access in these regions is crucial for boosting productivity, ensuring smooth transportation of cocoa produce, and ultimately contributing to Ghana’s economic growth.