Re-introduction of road and bridge toll agreement approved by Parliament
Summarized and contextualized by DistantNews.
At a glance
- Ghana's Parliament approved a concession agreement to re-introduce electronic toll collection on roads and bridges.
- The agreement with Rock Africa Limited aims to enhance revenue for road maintenance through a public-private partnership.
- The 20-year concession includes design, construction, operation, and maintenance, with Ghana receiving 70% of toll revenues.
Ghana's Parliament has approved a concession agreement to re-introduce tolling on roads and bridges, establishing a framework for a nationwide electronic toll collection system. This public-private initiative, agreed upon with Rock Africa Limited, aims to boost funding for road maintenance and improve the efficiency and transparency of toll administration.
the re-introduction of tolls on roads and bridges would help rake in more revenue for the Road Trust Maintenance Fund.
The agreement outlines a 20-year concession period, including three years for design and construction, followed by 17 years for operation and maintenance. Under the terms, the government of Ghana will receive 70% of the toll revenues, with the concessionaire, a special purpose vehicle to be incorporated by Rock Africa Limited, receiving the remaining 30%. The system is designed to cover 66 tolling locations across 13 corridors, incorporating both existing and newly identified strategic sites.
So, I am happy that the current government did not abandon the previous Cabinetโs approval of the re-introduction of road tolls.
Lawmakers supported the motion, emphasizing its potential to generate much-needed revenue for the Road Trust Maintenance Fund. They noted that the previous administration had already approved a roadmap for re-introducing tolls, and expressed satisfaction that the current government is proceeding with the plan. The agreement is expected to enhance toll collection through internationally accepted electronic technology, reduce revenue leakages, and restore a sustainable funding source for road upkeep.
Letโs support agreement
Originally published by Daily Graphic. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.