CHINA PLEDGES NEW FUNDING FOR GHANA GOVERNMENT PROJECTS

ACCRA, Ghana, – The Chinese government will, from this year, begin financing of a major fishing landing site at the James Town Beach in Ghana’s capital, the Chinese Ambassador to Ghana, Sun Baohong, said, Friday.

Sun and Ghana’s Minister for Finance, Kenneth Ofori-Atta, signed and exchanged notes to this effect.

The Chinese ambassador said, both the James Town fishing port project and the phase two of the University of Health and Allied Sciences, will be funded by the Chinese government.

“At the request of the Ghanaian government, we are providing development assistance within our capacity. The project, providing satellite TV for 300 villages in Ghana, will be implemented in May. And the James Town Fishing Port Complex will kick off within this year,” Sun said.

There is also an ongoing feasibility studies on the phase two of the university, as well as, feasibility for a cocoa processing project in Sefwi Wiawso in Ghana’s Western Region, while China has also begun the donation of police vehicles and equipment.

“We do not attach any political strings to our aid to Ghana, and the nature of aid is for development and we fully support Ghana Beyond Aid initiative of the government and we wish that this aspiration will be realised with the help of international partners,” the ambassador said.

The Chinese government, according to Sun, hopes that the projects will improve the infrastructure of Ghana and increase the driving force of Ghana’s economy.

“Today’s signing ceremony marks yet another important milestone in bilateral economic relations between Ghana and the People’s Republic of China, as it affirms our commitments and determination to broaden and deepen bilateral cooperation between the two countries,” the minister said.

Source: NAM NEWS NETWORK

   

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