A former Minister for Roads and Highways as well as Works and Housing, Francis Asenso-Boakye has appealed to the government to take decisive action in mainstreaming Public-Private Partnerships (PPPs) as a key strategy to address Ghana's growing infrastructure deficit.
Speaking on the floor of Parliament, Mr Asenso-Boakye commended the MP for Ofoase Kojo Oppong Nkrumah for his insightful statement on the role of PPPs in the provision of public infrastructure and services.
Asenso Boakye, who is also the MP for Bantama, observed that Ghana's infrastructure needs far exceed available public funds, making it necessary to explore innovative financing models such as PPPs. "The reality is that our annual budgetary allocations are insufficient to meet the country's infrastructure demands.
Reliance on traditional financing mechanisms-such as loans and grants-has become increasingly unsustainable," he stated.
