Infrastructure

 

3.0 INFRASTRUCTURE DEVELOPMENT

In addition to the highlighted sections below this item also includes Private Sector Development and Infrastructure services, details of which can be found within the body of the main manifesto.

Infrastructure Development policy will be in line with the Party’s S-Cubed(S3) Programme.

3.1 Financing Development

Set up a National Infrastructure Financing Authority (NIFA) to source funds through municipal, national, and international bonds and other means to finance capital projects, such as modern highways, under-ground and above-ground rail systems, ports, waterways, and other forms of public transport.

Reform our budgeting process and introduce Inter-generational financing, based on NIFA, to replace the present pay-as-you-go system, which is non-sustainable and is responsible for the massive under-investment in our development.

Promote public-private partnership in infrastructure development, by giving financial institutions tax incentives to build schools and other facilities, which national and local governments will then lease over a specified period, after which they become public property.

Increase national revenue by taking all necessary means to end tax evasion, inefficiency in tax administration, and impose stiff penalties for misuse of public funds.

 

3.2 Energy Policy

Within infrastructure development, the CPP singles out energy for special treatment because of its overwhelming importance to the economy and society.

Our energy policy will, in addition to increasing the production of electricity, promote the use of alternative sources of power.

This will include clean and renewable sources as well as fuel of all types. Our ultimate objective is to ensure adequacy and security of supply at all times.

The key elements of the CPP’s energy policy will be as follows:

Develop a modern and well-resourced energy planning system to ensure that we generate enough energy to keep pace with our economic and social needs.

For energy security, we shall diversify the sources and location of energy production, especially electricity, to minimise the risk of failure or disruptions in supply resulting from a disaster or a catastrophe in any part of the country.

We shall add between 100 and 150 MW of power every year until we reach sufficiency.

Encourage and support production and research into of renewable energy resources like solar, wind and biomass as part of CPP Green Agenda

Regulation and ownership: Appropriate legislation will be passed to govern the production, distribution, and utilisation of fuel and electricity in the country.

While we will welcome foreign partnerships in the generation and distribution of energy in Ghana, we shall ensure at all times that Ghanaians or their government have a strategic ownership to preserve our control over strategic national assets.

Conservation: Use legislation, public education, and fiscal policy, in combination with a Transportation Policy, to promote the efficient use by households, government, and businesses of the energy that we produce.