President John Dramani Mahama has assured contractors working on the proposed Accra-Kumasi Expressway that funding will not be a constraint, disclosing that US$2 billion in taxpayers’ funds has already been set aside for the initial phase of the project.
According to the President, the funds have been placed in a special account at the Bank of Ghana to facilitate timely payments to the contractor and prevent the delays that have historically affected major road projects in the country.
President Mahama made the disclosure on Monday, September 14, 2026, during the handover of a 175.6-kilometre cleared right-of-way for the expressway by the Ghana Armed Forces.
He said the government intends to ensure that certificates submitted by the contractor are settled promptly once they are duly processed, allowing construction to proceed without financial interruptions.
“And let me also announce that this is our own money. We have not gone to borrow money from anywhere. This money is the taxpayers’ money,” President Mahama stated.
The President also directed the Minister for Roads and Highways to ensure that the Ghana Armed Forces Engineers Regiment is incorporated as a major subcontractor to the main contractor for the expressway.
The move, he said, would build on the contribution of the military engineers, who successfully cleared the 175.6-kilometre project corridor in 19 weeks, completing the assignment one week ahead of the original 20-week schedule.
The funding assurance has also been reinforced by Finance Minister Cassiel Ato Forson, who said government expects to have the entire amount required for the project available by December 31, 2026.
Dr Ato Forson stressed that the project would be financed without resorting to new borrowing, as government seeks to rely on internally generated resources to execute the major infrastructure investment.
The proposed 198.7-kilometre Accra-Kumasi Expressway is expected to be developed as a six-lane highway on a new alignment, providing an alternative connection between Ghana’s two largest cities.
With the right-of-way now cleared and funding arrangements being put in place, the government is expected to move into the next phase of the project, with President Mahama positioning the expressway as a major investment in Ghana’s transport infrastructure.