Road project cost rises to GHS6 billion

The Accra-Kumasi dualization project faces a sharp increase in its estimated completion cost. Kofi Tonto, an aide to Dr. Mahamudu Bawumia, noted that the remaining 36% of the project is now budgeted at GHS6 billion. This compares to the GHS2 billion spent to complete 64% of the work previously.

This significant cost adjustment raises concerns about the management of large public infrastructure projects. The Accra-Kumasi road is crucial for linking Ghana's two largest cities. Its cost increase may affect future budget allocations for infrastructure.

The key numbers are GHS2 billion for 64% completion and GHS6 billion for the remaining 36%. This means the cost for the final portion is three times higher than the amount spent on the larger initial part.

Such cost escalations can strain public finances. They can also delay other critical projects or require more public borrowing. This situation highlights potential risks in how large government contracts are planned and executed.

Previous data on similar road projects could show trends in cost changes. However, this specific increase is notable for its scale. It suggests a need for careful financial oversight on major national developments.