PM Modi, Ghana Prez discuss W Africa infra development

Prime Minister Narendra Modi and President of Ghana John Dramani Mahama on Wednesday discussed ways to develop robust infrastructure in the West African nation that requires $1.5 billion funding in the sector annually. Ghana is looking at partnering with India to develop a robust infrastructure spanning railways, power, roads and ports, among other areas, in the public-private-partnership (PPP) mode, President Mahama, who is here for the India-Africa business summit, said on Wednesday.

“The World Bank estimates that Ghana has a shortfall of $1.5 billion in infrastructure every year. It means that there is a major shortfall in roads, bridges, ports, railways and so many things. “There is a lot of demand of infrastructure investment... In my discussions with Prime Minister Modi this morning, we talked about revamping the railways sector,” Mahama said here. He said there is a major shortfall in roads, bridges, ports, railways, power and other areas. “There is a lot of demand of infrastructure investment and I think India is a kind of partner that we have dealt with in the past and would look at in the future to build a robust infrastructure,” he said, adding that Ghana is looking at Indian companies in public and private sector to join hands with it to invest in infrastructure.