The government has presented a request to the parliamentary body, seeking approval for a substantial loan agreement amounting to $338 million.

This financial aid is earmarked for the extensive rehabilitation and expansion of the Accra-Tema motorway, as well as other crucial road projects across the nation.

Vice Chairman of the Finance Committee of Parliament, Patrick Boamah, unveiled these plans during a press briefing held in Accra on Monday.

The proposed funding will not only facilitate the enhancement of the Accra-Tema motorway, stretching over 19.5 kilometers, but it will also contribute to the refurbishment of the existing six-lane divided Nsawam highway within a projected timeframe of 36 months.

In elucidating the comprehensive scope of the project, Mr Boamah delineated three key sections.

The primary segment focuses on the Accra-Tema Motorway, encompassing 19.5 kilometers. This phase entails an ambitious plan for the rehabilitation and expansion, ensuring a minimum of 10 lanes on the motorway.

Moving forward, the second section pertains to the N1, known as the George Walker Bush highway, covering a distance of 5.7 kilometers. Lastly, the third segment will address the Nsawam road, concentrating on the rehabilitation of the existing six lanes.

Mt Boamah emphasized the magnitude of the endeavor, highlighting the total project span of 27.7 kilometers.

He emphasized the collaborative nature of the initiative, revealing that it will unfold as a joint venture between Maripoma Limited and the Ghana Infrastructure Fund.

With a forward-looking approach, he projected a comprehensive program that may extend over three years or more, contingent upon the evolving dynamics of the project.