Ghana's government has deposited US$1.7 billion into a dedicated account at the Bank of Ghana to finance the construction of the proposed Accra-Kumasi Expressway. Finance Minister Dr. Cassiel Ato Forson announced this significant allocation during the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23.
The funds have been ring-fenced, meaning they are specifically reserved for this project. They will only be accessed after the main construction contract has been officially awarded. This financial commitment underscores the government's determination to complete this critical infrastructure development.
This expressway is a flagship project under the government's 'Big Push Programme'. It is expected to significantly improve travel and trade between Accra and Kumasi, Ghana's two largest commercial hubs. The project aligns with broader national efforts to enhance connectivity and stimulate economic growth across the country.
Dr. Forson stated that as of July 22, 2026, the US$1.7 billion had been deposited into the dedicated Accra-Kumasi Expressway Account. He emphasized that these funds are secure and will be utilized strictly for the intended purpose. This move provides financial assurance for the project's timely execution.
The 176-kilometre, six-lane dual carriageway aims to reduce travel time between Accra and Kumasi to approximately two hours. It will also improve road safety, ease traffic congestion, and lower transportation costs for goods and services. These benefits are crucial for enhancing the efficiency of Ghana's supply chains.
The project will incorporate modern features, including interchanges, bridges, and intelligent transport systems. It will also include electronic toll collection facilities, emergency response services, and designated rest stops. These additions will ensure a safe and efficient travel experience for commuters and commercial transporters.
Preparatory works for the expressway are progressing steadily. As of July 22, 2026, the Ghana Armed Forces had cleared 122 kilometres of the required 120-metre-wide Right-of-Way. This represents about 70 per cent of the total corridor needed for the road. Dr. Forson expressed confidence that the remaining section would be cleared by the first week of September 2026.
Concurrently, compensation assessments, environmental impact studies, engineering designs, and feasibility studies are being undertaken. The feasibility and detailed engineering works are expected to be completed by the end of August. These steps are vital for ensuring the project's sustainability and compliance with environmental standards.
Procurement for the main construction contract is anticipated to commence in September 2026. The government is optimistic that all preparatory processes will be completed on schedule. This will pave the way for President John Dramani Mahama to perform the sod-cutting ceremony, marking the official start of construction.
Upon completion, the Accra-Kumasi Expressway is projected to significantly boost trade and economic activity. It will improve connectivity between the southern and middle belts of Ghana. This will ease movement along one of the country’s busiest transport corridors, supporting various sectors of the economy.