In what many are hailing as a bold step toward reimagining infrastructure development in Ghana, a newly inaugurated Public-Private Partnership (PPP) Committee has been tasked with charting a transformative path for proper collaboration between the government and the private sector.
The initiative, spearheaded by the Ministry of Finance, seeks to overhaul the country’s PPP landscape by moving away from past inefficiencies and towards structured, risk-balanced partnerships that drive sustainable development.
At the formal inauguration of the Committee in Accra, Deputy Finance Minister Thomas Ampem Nyarko underscored the urgency of the task ahead. He stressed that Ghana’s current fiscal constraints make it imperative to attract private capital to support critical infrastructure and social development projects.
The Deputy Finance Minister justified that Ghana’s economic realities demand new models of cooperation where the public and private sectors share responsibilities and risks more equitably.
The Minister for Finance, Dr. Ato Forson, who chairs the newly constituted committee, was unequivocal in his stance, asserting that the era of government-dominated projects masquerading as PPPs is over.
He reiterated that true PPPs are built on genuine risk-sharing. For him, what the country has seen in the past has been heavily skewed and unsustainable. He was therefore optimistic that the PPP Committee would change the status quo.
The Minister emphasized the need to streamline both the understanding and implementation of PPPs, ensuring that future projects are not only well-structured but also accountable, inclusive, and transformative.
“We are confident that this team will provide the leadership and coordination needed to ensure that PPPs in Ghana are structured, sustainable, and truly beneficial to our people,” he indicated.
The new committee comprises some of the country’s most influential policymakers and technocrats, including the Attorney General Dr. Dominic Ayine, Trade Minister, Elizabeth Ofosu-Adjare, NDPC Director-General Dr. Audrey Smock Amoah, GIPC CEO Mr. Simon Madjie, PPA CEO Mr. Frank Mante, and EPA Executive Director Prof. Nana Ama Brown Klutse.
Their collective expertise is expected to strengthen the legal, economic, environmental, and technical frameworks needed for robust PPP delivery.
Experts say that by bringing in representatives from key professional bodies such as the Chartered Institute of Bankers and the Ghana Institution of Engineers, the committee reflects a commitment to ensuring that PPPs are not just government-driven but truly collaborative.
The inclusion of the Deputy Chief of Staff and the Deputy Presidential Spokesperson further signals high-level political backing for the committee’s work.
The committee’s formation comes at a crucial time, as Ghana seeks innovative ways to finance its development agenda without overburdening the public purse. With a renewed emphasis on transparency, value for money, and measurable outcomes, stakeholders hope this committee will set a new gold standard for PPP governance in the region.
