Business News of Thursday, 24 June 2021Source: www.ghanaweb.comAs part of the efforts to ensure road contractors are paid on time for completed projects, the Ghana Chamber of Construction and Industry is calling for the establishment of a Road Fund Board. According to the Chamber’s chief executive officer, Emmanuel Cherry explained, the Board when constituted will address teething issues among members who are owed monies by government for completed projects. “We agreed on the principle that let the Ministry of Roads of Highways do percentage payment so 40% was agreed so that every contractor would at least receive 40 percent of their entry payment certificate. But as we speak, some contractors haven’t received the 40 percent. Meanwhile, some members of the Construction Chamber have also threatened to take legal action over the non-payment of monies and subsequently threatened to shut down areas where projects have been completed.

Source: GhanaWeb June 24, 2021 11:48 UTC