Source; Justice Fm
Members of Parliament (MPs) have given their backing to a new government contract agreement that will ensure the completion of the lots 5 and 6 of the Eastern Corridor road project.
The road project, which is located in the Northern Region, connects Damango to Gbintiri, and the stretch plays an important role in the exchange of goods among residents of Yendi, Gushiegu, and Bimbilla.
The government said approximately 200km of the future paved road will serve the cities and the small communities between them and improve the economic and social indices of the region and contribute to the mobility of people and goods between the Tema port and the land-locked neighboring countries.
Last Friday, the House unanimously voted in unison in favor of the new contract which has come about as a result of the cancellation of an undisbursed sum of US$62,229,202.34 that was to be provided by BNDES.
On April 17, 2013, the government signed two facility agreements with BNDES and Banco do’ Brazil for USD$ 202,190,692.00 and USD$ 40,000,000.00 respectively, totaling US$242,190,692.00 for the construction of the Eastern Corridor road project.