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President John Dramani Mahama has directed the Ministry of Finance to release US$78 million to Justmoh Construction Company to settle outstanding arrears on the Agona–Nkwanta Road project, a critical transport corridor in Ghana’s Western Region.
The payment, which covers debts accumulated since 2024, is expected to clear the way for the full resumption of construction works, bringing renewed momentum to a project that has suffered delays largely due to financing constraints.
The directive forms part of a broader government strategy to stabilise and accelerate infrastructure development by honouring financial obligations inherited from the previous administration.
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President Mahama reaffirmed this commitment during an inspection tour of the Agona–Nkwanta Road, stressing that no viable project would be abandoned under his watch.
“As I promised, we will continue all road projects we inherited from the previous government,” the President said.
“All contractors who were working before we came into office on projects awarded by the previous government, I have asked them to continue, and we are paying them so they can continue the work.”
The Agona–Nkwanta Road serves as a major artery linking communities in the Western Region and facilitating the movement of people, goods, and services, particularly within Ghana’s resource-rich coastal belt. Prolonged delays on the road have drawn complaints from residents and transport operators, who cite increased travel times, vehicle damage, and safety concerns.
The US$78 million payment follows earlier government action to clear over US$70 million in arrears owed to contractors working on the Ofankor–Nsawam Road, another key national project. That intervention has already led to improved activity on site, reinforcing government claims that settling contractor debts is central to reviving stalled infrastructure works.
Minister for Roads and Highways Governs Kwame Agbodza, briefing the President during the inspection, disclosed that broader relief for stalled projects is imminent.
According to him, once Parliament approves the Debt Restructuring Agreement, contractors across the country who had suspended work due to non-payment are expected to return to the site by the first quarter of next year.
“The approval of the debt restructuring agreement will unlock funding and allow contractors to resume work on several stalled projects,” Mr Agbodza said.
He noted that major projects, including the PTC Interchange in Takoradi, which has been on hold, are expected to benefit from the renewed flow of funds.
Beyond easing contractor concerns, the resumption of work on the Agona–Nkwanta Road is expected to restore jobs, stimulate local economies, and improve road safety in the Western Region. Improved connectivity along the corridor is also anticipated to support trade, mining, agriculture, and tourism activities in the area.
Government officials say the latest payment signals a clear policy direction: ensuring continuity, restoring confidence in the construction sector, and preventing the costly cycle of abandoned or delayed public infrastructure projects.
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