Business Development Minister, Dr. Ibrahim Mohammed Awal, has revealed that his ministry will establish an Industrial Cottage at Kumbungu in the Northern Region by December 2019.
According to the minister, the cottage is estimated to cost GH¢ 300,000.
He added that the industrial cottage will be built in all the 16 regions of the country.
The Northern Development Authority (NDA) has asked the Economic and Organised Crime Organization (EOCO) to investigate its former financial officers for various procurement breaches and mismanagement.
According to NDA, which used to be the Savanna Acceleration Development Authority (SADA) the former staff have caused financial loss to a tune of over $8m to the state.
The management of the Northern Development Authority (NDA) has warned people who bought tractors, tricycles and other equipment from the then Savannah Accelerated Development Authority (SADA)without paying for them to, as matter of urgency, settle their indebtedness or face the full rigours of the law.
The Northern Development Authority (NDA) has said it will soon go after all beneficiaries who owe Unik Savannah Company Limited, a subsidiary of the defunct Savannah Accelerated Development Authority (SADA).
Mrs Tove Degnbol, Danish Ambassador to Ghana, has toured some projects being implemented in the Mion District of the Northern Region.
The projects included the Soybean Processing Factory constructed under the Communities United in Fighting Child Hunger project, and Village Savings and Loans Association (VSLA) women’s groups under the Food Security, Livelihood and Women Empowerment initiative.
The United Nations Development Programme ( UNDP) has launched the Northern Ghana Human Development Report (NG-HDR) 2018 dubbed "Bridging the Poverty Gap and Fostering Socio-Economic Transformation for All".
The plan to connect Ghana and Burkina Faso by rail has been taken a notch higher following the opening of an international competitive tender for potential contractors to submit bids.
The proposed rail network is expected to pass through the eastern corridor of Ghana starting from the Tema Port, through Akosombo, Ho, Hohoe, Yendi, Tamale and to Paga.
The line will continue in Burkina Faso from Dakola going through Po along the national highway number 5, integrating the pole of growth of Bagre and ends at Ouagadougou.
The governments of Ghana and Burkina Faso in a joint press announcement requesting for expression of interest from potential contractors explained the move was part of measures to improve the bilateral trading activities between the two countries.
The project is expected to be undertaken through a Public Private Partnership (PPP) arrangement with the intention to reduce the time and resources people spend transacting business between Ghana and Burkina Faso.
Contractors interested in the project have up to May 21, 2018 to submit their bids.
Below is a copy of the
The Republic of Ghana and Burkina Faso are two countries in West Africa sharing a continuous international land border of about 549 kilometers. The two countries, members of the Economic Community of West African States (ECOWAS), represent one of the most dynamic economies of the sub-region with a growth rate estimated at 8.4% for Burkina and 8.7% for Ghana in 2017.
The two countries are historic trading partners with north-south cross-border road traffic of nearly 465 vehicles per day, the two countries are connected on the Burkina side mainly by the national roads No. 5, 6 in the North-South direction giving access to the Port of Tema and Takoradi.
The dependence of trade on mainly the road mode limits trade between these two countries, notwithstanding the mining and commercial potentials they have.
In line with ECOWAS policy and Railway Master Plan emphasizing the need for rail interconnectivity among sister ECOWAS countries, the two countries have agreed to seek technical and financial partners for the construction and operation of a railway system between the two countries on a PPP basis.
In this regard, the Governments of Ghana and Burkina Faso intend to pursue a PPP arrangement for the development of the Ghana - Burkina Railway Line on a Build, Operate and Transfer (BOT) basis.
The Ghana leg of the proposed railway corridor is towards the easternmost part of the country and starts from the Tema Port, through Akosombo, Ho, Hohoe, Yendi, Tamale and to Paga.
The line continues in Burkina Faso from Dakola going through Po along the national highway number 5, integrating the pole of growth of bagre and ends at Ouagadougou.
The procurement of the private sector partner(s) to develop the project will be carried out in accordance with the applicable procurement laws of both Ghana and Burkina.
The objective of the project, which is to improve the transport and logistics chain on the rail corridor towards accelerating economic growth and development of both countries, is expected to be fully funded through a public-private partnership (PPP) arrangement.
The Governments of the Republic of Ghana and Burkina Faso through their respective Ministries of Railways Development and Transport, Urban Mobility & Road Safety are therefore inviting prospective bidders (“firms”) to express their interest for the development of the Project on a BOT basis.
The Expression of Interest should include the following:
• a letter of expression of interest specifying the purpose of the assignment;
• The financial strength/capacity of the prospective bidder;
• The prospective bidder’s technical experience/capacity in carrying out the above project on a
BOT basis; and
• The bidder’s past experience in similar projects.
Bidders may form consortiums with other firms to enhance their qualification and must include significant level of Ghanaian and Burkinabe participation.
Bids are invited from firms from all countries and interested bidders may obtain further information at the Ministry of Railways Development in Ghana and Ministry of Transport, Urban Mobility and Road Safety in Burkina Faso.
The Ghana Investment Promotion Centre (GIPC) and the Savannah Accelerated Development Authority (SADA) have signed a Memorandum of Understanding (MOU) to facilitate investment promotion in the Northern Region.
The agreement between the two agencies will enable them to collaborate and showcase multiple investments within the SADA zone, in a bid to increase the influx of foreign-direct investment into the region.