Skip to main content

New roads to boost Ghana industry

Ghana in West Africa continues to see its economy develop, due to a combination of factors, allowing more investment for roads that will further aid future growth. The Ghanaian Government has plans to invest in building new roads that will connect cocoa growing communities. This programme is being planned by the Ghana Cocoa Board (Cocobod), with some US$150 million intended for road revamping and construction purposes. The work will help with transportation of cocoa beans and aid in the development of the c
December 16, 2014 Read time: 1 min
Ghana in West Africa continues to see its economy develop, due to a combination of factors, allowing more investment for roads that will further aid future growth. The Ghanaian Government has plans to invest in building new roads that will connect cocoa growing communities. This programme is being planned by the Ghana Cocoa Board (Cocobod), with some US$150 million intended for road revamping and construction purposes. The work will help with transportation of cocoa beans and aid in the development of the country's cocoa industry. Ghana has benefited strongly from its mining industry in recent years, with many new roads and highways connecting to the large surface operations. However this new strategy will help diversify the economy and reduce the reliance on a single industry, providing a stronger economic future.

Related Content

  • Colombia’s new transport infrastructure to boost national construction industry
    July 30, 2013
    Huge investment in Colombia’s transport infrastructure is expected to lead to substantial market growth in the country’s construction industry, according to new research by Timetric. In its research report; ‘Construction in Colombia – Key Trends and Opportunities to 2017’, Timetric, who provide online data, analysis and advisory services to key financial and industry sectors, states, “Colombia’s Ministry of Transportation plans to invest COP102.3 trillion (US$56 billion) in transport infrastructure developm
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
  • Ghana receives Chinese boost
    February 29, 2012
    Ghana's infrastructure system is to benefit from a loan worth US$10.4 billion being awarded by the China Exim Bank.
  • Florida highway rebuild project
    May 2, 2018
    Rebuilding a congested stretch of highway in Florida will cut congestion and boost safety for commuters - Mike Woof writes. Florida’s 214km-long I-4 highway provides a key transport route between Tampa and Daytona Beach, but has an unenviable reputation for both congestion and safety, with frequent delays due to heavy traffic as well as crashes. The stretch running through the city of Orlando is particularly prone to jams at peak periods, with huge traffic volumes resulting in vehicles having to slow to a c