BUSINESS NEWS

Government secures US$100 million from GIIF for ‘Agenda 111’ project

 

Information Minister, Kojo Oppong-Nkrumah

•Government has secured US$100m from the GIIF to construct a number of districts, regional and specialized hospitals

•The project is aimed at scaling up healthcare infrastructure in the country

•President Akufo-Addo will launch the project on Tuesday August 17, 2021

Information Minister, Kojo Oppong-Nkrumah has disclosed that government has secured US$100 million from the Ghana Infrastructure Investment Fund (GIIF) to construct a number of districts, regional and specialized hospitals under the agenda 111 project.

Addressing journalists on Sunday August 15, 2021, Oppong-Nkrumah said the ambitious Agenda 111 project is aimed at scaling up healthcare infrastructure in the country.

“Currently, commencement funding of US$100 million has been made available to the project through the Ghana Infrastructure Investment Funds. For the project itself, it is budgeted at nearly US$17 million for each of the district hospitals,” he said.

He continued, “The district and specialized hospitals are being funded by the Government of Ghana but for the regional hospitals, EPC arrangements have been made. This project will naturally go across three budget cycles. So, allocations have been made across the various budget cycles in the Medium-Term Expenditure Framework for what the Government of Ghana is bearing”

The information minister further stated that contractors of the project which have already been secured will ensure that local content engineers and workers will be used for the project.

“Contractors for the projects have been secured, with the first set beginning work this week. We are starting off on Tuesday [August 17, 2021] in the Ashanti Region and the other contractors soon afterward will also begin theirs at the various districts across the country,” Oppong-Nkrumah added.

The Agenda 111 project will however include 101 district hospitals, six regional hospitals in the newly created regions, two specialised hospitals in the middle and northern belts, as well as a regional hospital in the Western Region and renovation of the Effia-Nkwanta Regional Hospital.

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button