Ghana’s Minister for Roads and Highways, Francis Asenso-Boakye, has called on Turkish investors to prioritise Ghana as their top investment destination.
Speaking at the 11th World Cooperation Industries (WCI) Forum under the theme, “Invest in Africa, Invest in the Future,” he highlighted Ghana’s immense potential for growth and strategic partnerships, with a particular focus on Ghana’s thriving infrastructure sector.
Asenso-Boakye emphasised the critical role of infrastructure, especially roads and highways, as the foundation for economic development.
He specifically spotlighted the 957km Abidjan-Lagos Corridor Project, which spans five West African countries—Côte d’Ivoire, Ghana, Togo, Benin, and Nigeria. With over 50% of the highway passing through Ghana, he indicated that the project offers vast opportunities for investments in manufacturing, tourism, technology and logistics.
“The Abidjan-Lagos Highway is more than just a road—it’s a catalyst for economic growth across the ECOWAS region. I therefore strongly urge Turkish investors to seize the opportunity to participate in this transformative project, which promises significant returns and enhances regional integration,” Asenso-Boakye stated.
He also championed Public-Private Partnerships (PPPs) as a key avenue for investment, citing Ghana’s pioneering PPP in the expansion of the Accra-Tema Motorway as an example of the country’s commitment to infrastructure modernization.
Asenso-Boakye encouraged investors to explore smart road technologies and green infrastructure, underscoring Ghana’s focus on sustainable development.
During his visit, Mr. Asenso-Boakye also participated in the International Road Federation (IRF) World Congress 2024 in Istanbul, where he addressed a High-Level Ministerial Meeting on behalf of the government and people of Ghana.
This year’s congress, themed "Connecting to Empower Mobility: Roads as Enablers of a Sustainable Future," facilitated productive discussions on overcoming challenges and exploring innovative solutions in the roads and transportation sectors.
In his address, Asenso-Boakye underscored Ghana’s significant progress in road infrastructure development, which has improved connectivity, reduced travel times, and enhanced access to essential services.
These advancements, he noted, have been pivotal in reducing poverty, raising incomes, and expanding access to healthcare and education.
On the sidelines of the IRF World Congress and the WCI Forum, Asenso-Boakye held bilateral discussions with Türkiye's Minister for Transport and Infrastructure, Abdulkadir Uraloğlu, and Minister for Trade, Ömer Bolat.
Their talks focused on promoting trade and economic cooperation, particularly in the construction sector, and positioning Ghana as the gateway to Africa.
Latest Stories
-
2024/25 GPL match preview: Dreams hunts for first win of the season against Hearts of Oak
2 mins -
GPL 24/25: Leaders Gold Stars face Aduana
24 mins -
Avoid chaos and anarchy on Tuesday – Otchere Darko advises Parliament
1 hour -
Election 2024: ‘We’ll stand firm against LGBTQ+ no matter the cost’ – Bawumia
1 hour -
Sam George: We’ll take over the Majority side in Parliament on Tuesday
1 hour -
Barker-Vormawor wasn’t beaten; he sustained ‘minor injuries’ while being transferred to another cell – Police
2 hours -
Galamsey: We’re beating around the bush; no party committed to fighting it – Arthur Kennedy
2 hours -
K.T. Hammond: I can’t imagine Speaker Bagbin disrespecting Supreme Court’s ruling
3 hours -
Election 2024: NPP will have a decisive majority in Parliament – Bawumia insists
3 hours -
NAPO defends Free SHS, insists it hasn’t affected education quality
3 hours -
‘We can’t pretend there are no challenges with Free SHS’ – NAPO
3 hours -
Mahama redeems his pledge to Evangelical Presbyterian Church, Ghana
3 hours -
Election 2024: ‘I’m the only one who can bring peace’ – Alan Kyerematen asserts
3 hours -
2024 Election: Let’s eradicate violence from our politics – NCCE
3 hours -
Bawumia set to launch credit score system on November 7
4 hours