Private sector critical partner in financing Ghana's infrastructure gap – PV Obeng

PV Obeng

Joining hands with private businesses to finance the country's infrastructure shortfall is the surest way to develop the economy.

That's the view of the Chairman of the National Development Planning Commission Paul Victor Obeng.

Government currently requires 1.5 billion cedis every year over a ten year period to meet the country's infrastructure needs.

But speaking at a meeting with journalists on public private partnership, Mr. Obeng says embracing the policy fully can address the country's development woes.

Mr. Obeng however disagrees with arguments that the policy is a fine way of privatizing state assets.

The law to give legal backing to the policy should be passed by parliament by the close of the year. Some of the projects government is currently working on through this policy are the upgrade of the country's Airports and railway lines.