Asenso-Boakye Invites Turkish Investors to Unlock Opportunities in Ghana
Ghana's Infrastructure Potential Highlights Investment Prospects for Turkey
- Over 50% of vital highway runs through Ghana
- Asenso-Boakye highlighted successful PPPs
- The Minister encouraged investment in smart road technologies
Francis Asenso-Boakye, Ghana’s Minister for Roads and Highways, has urged Turkish investors to consider Ghana as their premier investment hub.
Speaking at the 11th World Cooperation Industries (WCI) Forum, themed “Invest in Africa, Invest in the Future,” he underscored Ghana’s vast growth potential and the importance of strategic partnerships, especially in the booming infrastructure sector.
Asenso-Boakye stressed that infrastructure, particularly roads and highways, is essential for economic development. He highlighted the 957km Abidjan-Lagos Corridor Project, which connects five West African nations—Côte d’Ivoire, Ghana, Togo, Benin, and Nigeria. With over half of the corridor in Ghana, he pointed out the extensive investment prospects in areas like manufacturing, tourism, technology, and logistics.
“The Abidjan-Lagos Highway is more than just a road—it’s a catalyst for economic growth across the ECOWAS region. I urge Turkish investors to engage in this transformative project, which promises substantial returns and boosts regional integration,” he stated.
He also advocated for Public-Private Partnerships (PPPs) as a vital investment pathway, citing Ghana’s groundbreaking PPP for the expansion of the Accra-Tema Motorway as evidence of the country’s dedication to modernizing its infrastructure. Asenso-Boakye encouraged investors to explore innovative road technologies and sustainable practices, highlighting Ghana’s commitment to green development.
During his visit, Asenso-Boakye attended the International Road Federation (IRF) World Congress 2024 in Istanbul, where he represented Ghana at a High-Level Ministerial Meeting.
This year’s congress, focused on “Connecting to Empower Mobility: Roads as Enablers of a Sustainable Future,” fostered discussions on tackling challenges and exploring creative solutions in transportation.
Asenso-Boakye noted Ghana’s significant advancements in road infrastructure, which have improved connectivity, reduced travel times, and enhanced access to vital services, thus playing a crucial role in alleviating poverty and increasing access to healthcare and education.
On the sidelines of both the IRF World Congress and the WCI Forum, he engaged in fruitful discussions with Türkiye’s Minister for Transport and Infrastructure, Abdulkadir Uraloğlu, and Minister for Trade, Ömer Bolat, focusing on enhancing trade and economic collaboration, particularly in the construction sector, and positioning Ghana as Africa’s gateway.
