Execution Of Sinohydro Projects Was Slowed Down By Covid-19

Indeed the world has suffered the fate of lives lost and business been collapsed after the deadly outbreak of covid-19. The global pandemic disease destroyed and slowed many livelihoods as the chairperson of the Road and Transport Committee, Kennedy Osei Nyarko has noted that Covid had a toll on the completion of road projects under the Sinohydro deal.

Execution Of Sinohydro Projects Was Slowed Down By Covid-19

Indeed the world has suffered the fate of lives lost and business been collapsed after the deadly outbreak of covid-19.

The global pandemic disease destroyed and slowed many livelihoods as the chairperson of the Road and Transport Committee, Kennedy Osei Nyarko has noted that Covid had a toll on the completion of road projects under the Sinohydro deal.

He said, but for the pandemic and its ravaging impact, the project was going on smoothly as scheduled without any hitches describing the Akufo-Addo government’s flagship Sinohydro road deal as a total failure.

For the caucus, the absence of contractors at various sites across the country bears testimony to the fact that the project, years after being approved by the House, has turned out to be a fiasco.

But, Kennedy Osei Nyarko, during an interview monitored and explaining the delay of the project attributed the situation to the Coronavirus pandemic.

“The agreement was passed in the latter part of 2018. Everything started well in 2019 until the COVID-19 outbreak. Things had to slow down. The contractors are from China. It is not a Ghanaian company handling it. Even, to ship items or equipment here, the pandemic affected the whole arrangement. The Minister has even told us that, this has delayed the project.”

President Akufo-Addo inaugurated a US$1.5 billion road infrastructure project under the Sinohydro Master Project Agreement by cutting sod for the construction of the Tamale Interchange project in April 2019.

Months after the launch, much is yet to be seen under the overall US$2 billion deal.

Per the agreement, the Sinohydro Corporation of China will provide the infrastructure of the government’s choice in exchange for Ghana’s refined bauxite.

Though critics called for the agreement to be reviewed warning it would add to Ghana’s debt stock, the government insisted it is a barter arrangement that will not balloon the public debt.