President J.A. Kufuor has stated that government is spending ?80 billion on the construction of the Tetteh Quarshie interchange and the six lane carriageway linking the Liberation Road from 37 to the Pantang junction through Madina.
He added that the project will be funded by the African Development Bank (ADB). President Kufuor said these when he cut the sod to mark the commencement of the project in Accra.
President Kufuor noted that the commissioning of the reconstruction work on the Kwame Nkrumah – Achimota Road and Tetteh Quarshie Interchange means that after all the heartbreaking delays, work is at last starting on the construction of the arterial roads in Accra.
Elaborating why the project was dear to his heart and the government in general, President Kufuor said he is convinced that the development of infrastructure is one of the ways to transform our economy.
According to him, road transport accounts for more than 95 percent of passenger movement and about 90 percent of transit of goods in the country.
He added that the interchange, when completed, will ease the perennial bottleneck in this very important corridor linking Ghana to neighbouring countries, and Accra to the Eastern, Central, Western and Volta regions.
The project, to be undertaken by Messrs. SONITRA-RCCN Joint Ventures is expected to be completed in 27 months time.
President Kufuor expressed the gratitude of the government and the people of Ghana to the development partners for the substantial assistance they are offering us in various sectors of the economy, especially in road building.
He called on the contractors, the consultant and the supervising road agency to deliver the project on time.
The Minister of Roads and Transport, Dr. Richard Anane said the objective of Tetteh Quarshie Interchange project is to contribute towards government’s goal of infrastructural and economic development.
He said the project will reduce travel time, congestion, and vehicle operating cost within the corridor.
