Top 5 projects in Ghana
In comparison, Ghana has one of the most active construction markets in Africa. There are more than $42 billion in active construction projects, of which more than 42% are transportation infrastructure.
Compared to other African countries, Ghana's population is growing by a modest 21% over the next ten years and will reach 38 million in 2031. In 2019, Ghana's economy grew the seventh fastest in Africa and the third fastest in West Africa.
The progressive government is deploying hydrocarbon revenues through infrastructure investment to transform the country's economy into one of the best in Africa. There are over $42 billion in active projects in Ghana, of which 33% is underway. More than 42 percent of active projects are transportation infrastructure.
The top 5 projects in Ghana are:
The 595 kilometer railway line will link Kumasi in the center of the country with Paga in the north on the border with Burkina Faso. Developed by the Ministry of Railway Development of Ghana, financed by the China Development Bank and built by the China Civil Engineering Construction Corporation, the project will be completed by the end of the first quarter of 2023.
A victim of the COVID-19 pandemic, construction work on the Accra Sky Train, Ghana's first light rail project, has been delayed. Construction work should begin in September 2021 and take place in three phases. Ghana's Ministry of Railway Development is the client, and Wilson Bayly Holmes and Ovcon will carry out the construction work.
Rehabilitation of eastern and western railways
The project includes part of the rehabilitation of the old narrow gauge lines that run from east to west throughout the country and the construction of new sections that will be standard gauge. Ghana Railway Company Limited is carrying out most of the rehabilitation works, while Afcons Infrastructure Limited and China Railway Wuju Group Corporation are constructing the new sections.
Reconstruction of the Accra Trade Fair Center
The mixed-use development includes the reconstruction of the Ghana Trade Fair and will include several hotels, retail stores, conventions, exhibitions, commercial and leisure facilities. Ghana Trade Fair Company Limited is the client and the architect is Adjaye Associates.
City of Appolonia
Developed on a nine-square-kilometer plot of land, the project will include the construction of 25,000 homes, a light industrial park and a central business district. Rendeavor Ghana is the developer and New Africa Construction is doing the construction work.
Source: ABIC Consulting