Accra: Parliament on Friday, July 25, passed the Road Maintenance Trust Fund Bill into law, aiming to provide sustainable financing for the upkeep and rehabilitation of public roads, bridges, and related infrastructure across the country. The new legislation is expected to ensure timely maintenance, preserve existing road investments, reduce long-term repair costs, and support the economic development of the nation.
According to Ghana News Agency, Mr Isaac Adjei Mensah, Chairman of the Parliament's Road and Transportation Committee, highlighted the inadequacy of the current funding system for road maintenance, leading to accelerated road deterioration and increased vehicle operating costs. The newly established Trust Fund is set to address these issues by providing a more reliable source of financing.
Mr Kwame Agbodza, Minister of Roads and Highways, stated that the Fund would create a governance framework for the allocation and disbursement of resources, alongside planning and contract oversight to ensure accountability. He noted that despite the critical role of road infrastructure, the sector faces challenges such as irregular financing, lack of accountability for allocated funds, and uneven regional investments.
The Minister emphasized that the Road Maintenance Trust Fund is designed to be performance-linked, focusing on financing routine, periodic, emergency, and minor rehabilitation works on public roads, bridges, and associated infrastructure. The development of Ghana's road infrastructure is deemed essential for national progress, as it facilitates connectivity to businesses, education, health, and vital services.
