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Benefits of a Project Finance Approach to Infrastructure Development in Ghana: The Need to Adopt a Public Private Partnership Model

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  • Karikari Amoa-Gyarteng

Abstract

This article sheds light on the extent to which private entities partake in the provision of transport infrastructure to the Ghanaian public. The paper compares Public-Private Partnership(PPP) arrangements between Ghana and the rest of the world including Sub-Saharan Africa and concludes that PPP is not been extensively utilized. There are benefits in falling on PPP arrangements to provide infrastructure. The non-recourse nature of project finance is well acclaimed. The use of PPP also frees up public funds for other equally important projects. Not downplaying the drawbacks of Public-Private Partnerships, this paper urges the Ghanaian government to launch a PPP initiative on road infrastructure especially in the face of limited public sector resources.

Suggested Citation

  • Karikari Amoa-Gyarteng, 2015. "Benefits of a Project Finance Approach to Infrastructure Development in Ghana: The Need to Adopt a Public Private Partnership Model," Research in World Economy, Research in World Economy, Sciedu Press, vol. 6(1), pages 151-158, March.
    • Handle: RePEc:jfr:rwe111:v:6:y:2015:i:1:p:151-158
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