Top 5 Projects in Ghana
By comparison, Ghana has one of the most active construction markets in Africa. There are more than $42 billion of active construction projects, of which more than 42 per cent are transport infrastructure.
Compared to other African countries, Ghana’s population is growing by a modest 21 per cent over the next ten years and will reach 38 million by 2031. In 2019 Ghana’s economy grew the seventh fastest in Africa and the third fastest in West Africa.
The progressive government is deploying revenues from hydrocarbons through investment in infrastructure to transform the country’s economy into one of the best in Africa. There are more than $42 billion of active projects in Ghana, of which 33 per cent is under execution. More than 42 per cent of the active projects are transport infrastructure.
ABiQ’s top 5 projects in Ghana are:
The 595-kilometre rail line will link Kumasi in the country’s centre to Paga in the north on the Burkina Faso border. Developed by the Ghana Ministry of Railway Development, financed by the China Development Bank and constructed by China Civil Engineering Construction Corporation, the project will complete by the end of the first quarter in 2023.
A casualty of the COVID-19 pandemic, construction work on the Accra Sky Train, Ghana’s first light rail project, has been delayed. Construction work should start in September 2021 and developed over three phases. The Ghana Ministry of Railway Development is the client, and Wilson Bayly Holmes and Ovcon will do construction work.
The project includes part rehabilitating the old narrow gauge lines running east to west across the country and building new sections which will be standard gauge. Ghana Railway Company Limited is doing most of the rehabilitation works whilst Afcons Infrastructure Limited and China Railway Wuju Group Corporation are constructing the new sections.
The mix use development includes the reconstruction of the Ghana Trade Fair and will include multiple hotels, retail, convention, exhibition, commercial and leisure facilities. Ghana Trade Fair Company Limited is the client and the architect is Adjaye Associates.
Developed over a nine square kilometre site, the project will include the construction of 25 thousand housing units, a light industrial park and a central business district. Rendeavour Ghana is the developer and New Africa Construction is doing the construction work.
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