The government has announced plans to rely primarily on private capital to complete the remaining projects under the Agenda 111 hospital programme, marking a significant shift in financing strategy for the nationwide health infrastructure initiative.
Officials say the move is intended to accelerate completion while easing pressure on public finances, which have been stretched by competing development priorities.
“Private investment can help fast-track delivery without overburdening state resources,” a policy adviser said.
Background
Agenda 111 was launched to expand healthcare access across Ghana through the construction of hospitals in underserved districts. However, progress on some facilities has slowed due to funding constraints and rising construction costs.
Economic Logic
Public-private partnerships are increasingly used globally to finance large infrastructure projects. Analysts say such arrangements can speed up delivery timelines while spreading financial risk.
“The key is structuring agreements that protect public interest while attracting investors,” an infrastructure expert noted.
Outlook
Officials say discussions with potential investors are underway, with the goal of restarting stalled construction sites and bringing new facilities into operation as soon as possible.