University of Ghana enters into Landmark Contract of US$64 Million with Africa Integras

The University of Ghana has entered into a landmark agreement of US$64MM project with Africa Integras. The project which is structured as a 25-year Build, Operate and Transfer (BOT), is the first of its kind with a public university in Africa.

A signing ceremony took place Friday 26th June, 2015 at the University’s Great Hall, witnessed by University officials, members of the University community, officials from the US Embassy, the media and members of the general public.

The Chairman of Council, Justice Dr. S.K. Date-Bah, and immediate past Vice Chancellor of the University, Prof. C.N.B. Tagoe, who is currently the Chairman of the National Council on Tertiary Education (NCTE) were among the dignitaries who graced the occasion. They both gave remarks at the ceremony.

The Vice Chancellor, Prof. Ernest Aryeetey, who gave an overview of the Project said that the project will involve the construction of an expanded facility for the College of Humanities, a new College of Education, a new dedicated facility for the College of Basic and Applied Sciences and the Institute of Technology and Applied Science, as well as a new facility for the College of Health Sciences to be located near the new teaching hospital on campus. The project, he said also consist of 1,000 new students hostel beds, to be divided between undergraduate and graduate students mostly to serve the College of Health Sciences.

Andrea Pizziconi, Managing Partner of Africa Integras delivered remarks at the ceremony during which she noted the cordial and professional relationship her organisation had the University had forged over the past few years.

The project, which was originally signed in July, 2014 has now reached the material milestone of funding approvals.

The construction is expected to commence by September, 2015 with a completion date targeted for September 2017. The project has benefited from the support of the Overseas Private Investment Corporation alongside Africa Integras and its funding consortium including US publicly listed investors.

Artists Impression
                                                         Artist’s Impression of the Project

Artists Impression 2
                                                 Artist’s Impression of the Project

Artists Impression 3
                                                       Artist’s Impression of the Project

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