Gov’t unveils GH¢13.9bn ‘Big Push’ for infrastructure in 2025

Government has announced an ambitious plan to pump GH¢13.9 billion into large-scale infrastructure projects in 2025 as part of its ‘Big Push’ initiative, a bold move aimed at tackling Ghana’s longstanding infrastructure deficit and driving sustainable growth.

Deputy Finance Minister, Thomas Ampem Nyarko, disclosed the plans at the KPMG Infrastructure Roadshow in Accra, noting that the investment would rise to GH¢21.2 billion by 2028.

“This is not a small nudge or a patch-up job. It’s an economic reset, powered by a US$10 billion Big Push for infrastructure development,” Mr. Ampem said.

The projects will focus on priority sectors, including roads and transport, energy and power generation, digital infrastructure, and urban and rural development, with funding expected from petroleum revenues under the Annual Budget Funding Amount (ABFA) and restructured mineral royalties.

Huge Financing Gap

Ghana’s infrastructure needs remain daunting. Studies estimate that the country requires US$37 billion annually for the next three decades to meet development goals, while simply maintaining existing assets will cost an additional US$8 billion each year.

Mr. Ampem cited Ghana’s low score of 47 out of 100 on the Global Infrastructure Hub index as evidence of chronic underinvestment.

“Our cities need better transport. Our industries require dependable energy. Our farmers need modern irrigation. And our youth demand digital highways for the future,” he stressed.

Public-Private Partnerships Key

The Deputy Minister emphasized that while government is scaling up public investment, Public-Private Partnerships (PPPs) will be critical to bridging the gap.

“The public purse alone cannot meet these needs. The fiscal space is limited, and the demands are vast. PPPs are not just helpful — they are indispensable,” he noted.

The Ghana Infrastructure Investment Fund (GIIF) is expected to spearhead the establishment of Special Purpose Vehicles (SPVs) to attract private capital, blended finance, and development funding.

Call to Investors

Mr. Ampem urged both local and international investors to take advantage of opportunities in transport, energy, digital infrastructure, and urban development.

“The framework is in place. The vision is clear. The government’s commitment under President Mahama’s leadership is unwavering. Your innovation, capital, and expertise are not only welcome, they are crucial,” he told participants.

The Roadshow, held under the theme “Unlocking Ghana’s Public Private Partnership Potential: Bridging Reform and Results,” brought together policymakers, investors, engineers, and business leaders to strategise on accelerating Ghana’s infrastructure transformation.

Read also…