The president of the Association of the Building and Civil Engineering Contractors of Ghana (ABCECG), Prosper Yao Ledi, has appealed to government to pay off the huge outstanding debts owed local contractors in the country
“We are dying and if we do not put an end to this incessant canker of delayed payments, our industry will be completely wiped out soon,” he stated when he addressed the 11th Annual General Conference of the ABCECG at Koforidua.
The event brought together members of the association to deliberate on ways to find
Stopping short to disclose how much the government owed local contractors, he appealed to the Minister of Works and Housing, Samuel Atta Akyea, to prevail on the President to heed the plea of the association by paying off the huge outstanding debts he came to meet to the local contractors.
“It will be a song of much joy and relief to the contractors that during the period of Nana Addo Dankwa Akufo-Addo delayed payment which bedeviled our hard working contractors has finally became a thing of the past,” he said.
He also expressed the frustration of the association over the manner in which foreign construction firms were coming into the country to take over many projects that should have been reserved for local contractors.
To tackle the challenge, he suggested that it should be a requirement for any construction company to register with at least one of the
“Indeed, such company must of necessity also have
In a speech read on his behalf, Mr Atta Akyea said his ministry recognised that the inactivity of most of the members of the ABCECG was due either to delayed payments or total lack of jobs.
He said his outfit in conjunction with the leadership of the association would evolve a plan to ensure that the policy on local content would allow for the allocation of at least 45
FROM AMA TEKYIWAA AMPADU AGYEMAN, KOFORIDUA