Resident Engineer for FAS Consult Limited, Antwi Owusu Sekyere has disclosed that the suspension of works on the second phase of the Obetsebi Lamptey Interchange project in Accra is because of the government’s negotiations with the International Monetary Fund (IMF).
The project after completion will reduce traffic congestion occurring at the intersection of Ring Road West and Winneba/Graphic Road through the upgrading of the traffic at Circle and the development of two flyovers allowing continuous traffic flow along Ring Road West.
However work has stalled on the important project for some time now.
Mr. Antwi Owusu Sekyere said work on the project is likely to resume in May.
“Once the government finishes negotiations with the IMF, we will come back, but it has been suspended. We have skeletal staff there, they do watering, and then they reshape the road anytime it goes bad,” he told Citi News.
Expressing hope of resuming work, he stated, “We are hoping to come back in May, by that time the government would have finished negotiations with all the other parties.”
The government is finding it difficult to get a bailout from the IMF ever since it announced it’s intentions to get a bailout from the Bretton Woods Institution last year.
Government is expected to cut down on expenditure and sustain the country’s debt which has gone over the roof.