An Integrated Investment Appraisal of a Public Private Partnership (PPP) Ghana Road Project

Majid Hashemi () and Mikhail Miklyaev
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Majid Hashemi: Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.

No 2022-08, Development Discussion Papers from JDI Executive Programs

Abstract: A feasibility studies was carried out on the main highway one of Ghana’s largest city which is a 19.5 km dual carriageway constructed as a freeway fifty years ago with an intended design life of 20 years. After several years of use and inadequate maintenance, the pavement has outlived its terminal level of serviceability with visible fatigue-cracking, joint failures, and pumping under wheel load and requires reconstruction. To address these issues and ensure the sustainability of Ghana’s socio-economic development trajectory, the Government of Ghana has identified the Main Highway Project as one of the transport infrastructure projects needed to support the country’s accelerated growth strategy.

Keywords: Public-Private Partnership; Cost Benefit Analysis; Ghana (search for similar items in EconPapers)
JEL-codes: D61 H54 I38 L92 R42 (search for similar items in EconPapers)
Pages: 19 Pages
Date: 2022-04-18
New Economics Papers: this item is included in nep-ppm, nep-tre and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:qed:dpaper:4586

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