General News of Thursday, 11 April 2019Source: starrfm.com.ghSinohydro projects expose hypocrisy of NPP – NDCPresident Nana Addo Dankwa Akufo-AddoThe Director of Research for the opposition National Democratic Congress has described as hypocritical President Nana Akufo-Addo’s excitement over projects expected to be funded with the two billion dollar Sinohydro deal. Per the compact, Ghana will benefit from two billion dollars worth of priority projects in return for a commensurate value of refined bauxite from Ghana’s rich mineral deposits. Each of the 16 regions will benefit from roads, buildings for judicial service, industrial parks, and landfill sites among other key infrastructure within the next 30 calendar months. Dr Ahadzie also discounted Government’s assertion that the Sinohydro barter was superior to the NDC’s spate of borrowing for infrastructure projects insisting that all the roads built in the country are tollable and capable of repaying the investment. Dr Ahadzie sounded a caution to government to refrain from allocating the projects on political considerations without considering the economic impacts the project will have on the people.

Source: GhanaWeb April 11, 2019 17:15 UTC