Ghana and Japan, have signed a $36.50 million grant agreement for the Tema-Motorway Roundabout Phase II construction project and additional funding for the rehabilitation of the National Truck Road N8 (Assin Foso-Assin Praso Section) Phase II.
Mr. Ken Ofori-Atta, Finance Minister, signed for Ghana, while Mr. Araki Yasumichi, Chief Representative, Japan International Cooperation Agency (JICA), Ghana Office, signed for his country.
The grant consists of $33.20 million for the construction of Phase II of the Tema-Motorway Roundabout Project, which entails the construction of a flyover linking the Tema-Harbour Road to the Akosombo Road.
Additional support of $3.30 million is being provided to top-up the funding amount for the rehabilitation of National Truck Road N8 Phase II.
This brings the total amount for the N8 project to approximately $60.38 million.
Source: Mybrytfmonline.com/Kofi Atakora
