As part of the $1.5 billion roads infrastructure project under the Sinohydro Master Project Agreement, President Nana Addo-Dankwa Akufo-Addo today, Wednesday, April 10, 2019, cut the sod for the construction of the Tamale Interchange project.
The Master Project Support was agreed between Ghana and the Sinohydro Corporation Limited in 2017 to address major infrastructure challenges in the country.
Under the overall $2 billion deal, the Sinohydro Group Limited of China will provide the infrastructure of the government’s choice in exchange for Ghana’s refined bauxite.
Ghana will establish a refinery and select a partner to undertake the refining of the bauxite in line with the deal.
The agreement will fund other infrastructure like roads, bridges, interchanges, hospitals, housing, railway development as well as rural electrification.