Ghana’s number one bank, GCB Bank PLC has reaffirmed its commitment to Ghana’s infrastructure transformation agenda through the financing and official handing over of over 200 heavy-duty machines and equipment for Timeline and Innovations Company Ltd, in support of the government’s Big Push programme.
The handing over ceremony, held in Accra, marked a significant milestone in the partnership between the two institutions and underscored the role of indigenous financing in accelerating national infrastructure delivery. The fleet supplied, includes tipper trucks, excavators, bulldozers, tractors, graders, rollers, water tankers, wheel loaders, flatbeds, service trucks and support vehicles.
Speaking at the event, Farihan Alhassan, Managing Director of GCB Bank, described the transaction as a clear demonstration of the Bank’s commitment to Ghana’s development priorities.
He noted that GCB’s support extends beyond traditional financing, focusing instead on empowering local enterprises to undertake transformative projects. According to him, the Bank has committed close to GHS 5 billion toward the Big Push agenda and national infrastructure development, with Timeline as one of its key strategic partners.
Board Chairman of GCB Bank, Joshua Alabi, said the partnership demonstrates how targeted financing can create lasting economic impact through local enterprise growth. He noted that beyond roads and bridges, such investments create jobs, strengthen local expertise and stimulate communities.
He indicated that GCB currently supports about 60 percent of contractors participating in the Big Push initiative, and commended government for prioritizing local contractors in the implementation of critical infrastructure projects.
Receiving the assets on behalf of Timeline, Chairman of the company, Inusah Ousman, described the investment as a turning point in the company’s growth.
He said the expanded fleet will significantly increase Timeline’s operational capacity and position the company to undertake larger and more complex infrastructure projects across the country. He further disclosed that the acquisition will directly create more than 800 jobs immediately, with the company targeting over 10,000 employment opportunities by the end of the year through expanded project activity and related economic opportunities.
The deployment strategy includes a 24-hour operational system involving over 1,000 trained drivers and machine operators to ensure accelerated project execution nationwide.
Deputy Minister for Roads and Highways, Alhassan Sayibu Suhuyini, who witnessed the handing over, commended the collaboration between GCB and Timeline, describing it as a practical example of how financial institutions and private sector players can support government’s infrastructure agenda. He noted that such partnerships are critical to ensuring local contractors have the capacity to deliver quality projects on time while creating jobs for Ghanaians.
The commissioning reinforces Timeline’s ambition to become one of Ghana’s leading infrastructure firms and a future regional player in West Africa. The investment is expected to strengthen project delivery, improve safety standards, modernize operations and contribute significantly to Ghana’s long-term economic transformation.
GCB Bank PLC is Ghana’s premier indigenous bank and the country’s largest commercial bank. With 183 branches and over 340 ATMs nationwide, the Bank has served as a cornerstone of Ghana’s financial system since 1953, providing innovative financial solutions that support economic growth, financial inclusion and enterprise development across the country.
