GCB Bank has reiterated its strong commitment to financing Ghana’s infrastructure development, with Managing Director Farihan Alhassan stressing that infrastructure remains the foundation of every strong economy.
He made the remarks at the handover and commissioning of heavy-duty vehicles and industrial equipment to Timeline Innovation Company Limited, as part of the bank’s broader support for national development priorities.
Speaking at the ceremony, Mr. Alhassan said GCB Bank is deliberately aligning its operations with key national programmes, particularly the government’s “Big Push” infrastructure agenda.
The equipment handed over included tipper trucks, service trucks, water tankers, flatbeds, bulldozers, graders, excavators, wheel loaders, backhoes, steel rollers, and tyre rollers.
He explained that the bank is positioning itself as a truly Ghanaian financial institution by backing indigenous contractors to help close the country’s infrastructure gap and deliver sustainable development outcomes.
According to him, GCB Bank has committed substantial funding to the Big Push initiative and remains firmly alongside its clients in executing projects that drive national growth.
Mr. Alhassan noted that the partnership with companies such as Timeline Innovation is also intended to showcase the bank’s role in enabling large-scale infrastructure delivery while demonstrating what it means to be a client of GCB Bank.
He highlighted the wider socio-economic impact of the intervention, saying the deployment of about 200 heavy-duty vehicles is expected to create significant employment opportunities, with additional benefits spreading through families and local communities.
Beyond direct jobs, he added, many more livelihoods would be supported through the broader value chain linked to construction and infrastructure works.
The Managing Director also commended Timeline Innovation for its performance on ongoing projects, disclosing that site inspections revealed the contractor is ahead of schedule, with project completion timelines now expected to move from 2028 to 2026.
He praised the company’s leadership for what he described as strong and decisive execution, assuring continued support from GCB Bank from project commencement to completion. He emphasised that the bank does not withdraw financing midway once a project is underway.
Mr. Alhassan further expressed confidence that capable local contractors like Timeline Innovation could grow into major continental players, calling for sustained efforts to build Ghanaian firms that can compete on a larger scale.
He reaffirmed GCB Bank’s commitment to standing by its clients throughout their development journey, noting that the bank will continue to play a central role in financing infrastructure that supports Ghana’s economic transformation.