Accra, Ghana – Ghana’s Deputy Minister for Finance, Hon. Thomas Ampem Nyarko, today inaugurated the Public-Private Partnership (PPP) Working Committee, signaling a renewed commitment to fostering genuine collaboration between the public and private sectors for sustainable development.
Dr. Cassiel Ato Forson, Minister for Finance and Chairperson of the newly formed committee, emphasized a clear departure from past practices. He stated that the era of government-dominated projects being mislabeled as PPPs must end, advocating for true risk-sharing between the government and the private sector. Dr. Forson underscored the necessity of streamlining the understanding and execution of PPPs to ensure they are structured, sustainable, and genuinely beneficial to the Ghanaian populace.
The committee’s formation comes amidst current fiscal constraints, which, as highlighted by Thomas Ampem Nyarko, necessitate stronger, more structured partnerships with the private sector to fund critical infrastructure and developmental projects.
The diverse committee comprises key figures from various government ministries, agencies, and professional bodies, including Dr. Dominic Akuritinga Ayine, Attorney General and Minister for Justice; Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness and Industry; and representatives from the National Development Planning Commission, Ghana Investment Promotion Centre, Public Procurement Authority, Environmental Protection Agency, Lands Commission, Chartered Institute of Bankers, and Ghana Institution of Engineers.
Also included are Mad. Nana Oye Bampoe Addo, Deputy Chief of Staff, and Mad. Shamima Muslim, Deputy Presidential Spokesperson. Mr. Patrick Nomo, Chief Director at the Ministry of Finance, will serve as the committee’s Secretary.
The committee expressed confidence that this team will provide the necessary leadership and coordination to redefine and implement effective PPPs in Ghana.
Ruth Abla ADJORLOLO
