Ghana invests $1 billion in Pwalugu dam
By the AFREEQUE newsroom, based on Starr FM
Ghana will allocate $1 billion to build the Pwalugu multipurpose dam, according to Finance Minister Cassiel Ato Forson. The project is to irrigate more than 25,000 hectares, accommodate 1,000 fish cages and generate 70 megawatts of electricity, according to his 2027 budget presentation.
Ghana will allocate $1 billion to build the Pwalugu multipurpose dam to increase agricultural production, strengthen food security and develop agro-industrial activities, Finance Minister Cassiel Ato Forson announced on Thursday 12 November 2026 during the presentation of the 2027 budget to Parliament, Starr FM reports.
The dam is to irrigate more than 25,000 hectares, including land devoted to vegetable production. Its reservoir will be able to accommodate 1,000 fish cages for aquaculture, and the project is to generate 70 megawatts of electricity, intended in particular for processing plants, irrigation systems, packaging warehouses and cold storage facilities, according to Cassiel Ato Forson.
The first phase is to be completed in early 2029 and the entire dam by December 2030, the minister said. The project will be accompanied by vegetable-growing enclaves developed in other regions, water collection systems and protected crops as part of the government’s strategy for self-sufficiency in vegetables.
