The Minister for Finance, Dr Cassiel Ato Forson, has signed a US$12.83 million grant agreement with the African Development Bank (AfDB) to support feasibility studies for major projects under the government’s flagship 'Big Push' infrastructure programme.

The funding will be used to undertake detailed feasibility studies for a proposed interchange at the 37 Military Hospital in Accra, the redevelopment of major markets across the country, and the establishment of Special Agro-Industrial Processing Zones in selected regions.

The markets earmarked for redevelopment include Agbogbloshie Market in Accra, Techiman Market in the Bono East Region, Sekondi Market in the Western Region, and Mankessim Market in the Central Region.

In addition, the grant will support preparatory studies for Special Agro-Industrial Processing Zones to be developed in the Afram Plains, Nsawam, and Builsa areas.

These zones are expected to enhance agro-processing, boost value addition, and create jobs, particularly for the youth.

According to Dr Ato Forson, the grant will finance comprehensive feasibility work, including full engineering designs, cost estimates, as well as environmental and social impact assessments.

He explained that these preparatory activities are critical to ensuring the projects are construction-ready and can be rolled out without delays.

“I am grateful to the African Development Bank and its Country Manager, Eyerusalem Fasika, for their strong partnership and continued support,” the Finance Minister said, adding that the government aims to complete the studies early enough to allow construction to commence in the near future.

The agreement underscores the government’s commitment to accelerating infrastructure development under the 'Big Push' programme, which is designed to stimulate economic growth, improve urban mobility, modernise markets, and strengthen Ghana’s agro-industrial base through strategic, large-scale investments.