Transport Sector
Accra-Tema Motorway Extension
Country: Ghana
Sponsor: Meridian Port Services
Project ID: GIIF-TRN-001
Date Approved: 15 June 2023
Approved
Project Overview
Project Type:
Public-Private Partnership (PPP)
Project Stage:
Portfolio
Description:
The project involves the expansion of the 19km Accra-Tema motorway into a multi-lane highway to ease traffic congestion and support economic activities between the capital and the main port city.
Key Stakeholders:
Ministry of Roads and Highways, Ghana Highway Authority, Meridian Port Services, GIIF.
Approval History
Board Approval
15 June 2023
Investment Committee Review
01 June 2023
Concept Note Approved
20 April 2023
Financial Information
Loan Amount
$150M
Currency
USD
Tenor
15 Years
Interest Type
Floating
Margin
3.50%
Expected ROI
18%
Performance Snapshot
YTD Revenue
$25.2M
YTD EBITDA
$18.1M
Debt Service Cover
1.85x
Revenue Trend (Quarterly)
Project Documentation
| Document Name | Type | Date Uploaded | Actions |
|---|---|---|---|
| Concession Agreement.pdf | Legal | 20 May 2023 | |
| Financial Model_v3.1.xlsx | Financial | 18 May 2023 | |
| Environmental Impact Assessment.pdf | Technical | 02 April 2023 |