The Accra Metropolitan Assembly (AMA), under its Chief Executive Officer, Dr. Alfred Okoe Vanderpuije, has yet again chalked another success.
This time, the Chief Officer has secured for the city of Accra a whopping $750 million for various projects in the city.
The cash was made possible as a result of Dr. Okoe Vanderpuije’s successful negotiation with the Chinese province of Shezhen, which culminated in the signing of a Memorandum of Understanding.
At a press conference at the AMA head office yesterday to give details of the MOU, which was signed between him and the executive vice Mayor of the city of Shenzhen in China, Dr. Okoe Vanderpuije explained that the city of Shenzhen in China, Dr. Okoe Vanderpuije explained that the securing of the money was in furtherance of a sister-city relationship between the city of Accra and the Shenzhen province.
The entire MOU is targeted at businesses, trade, agriculture, energy development and information communication technology.
According to Dr. Okoe Vanderpuije, who returned to Accra last week, out of the $750 million, a total of $150 million has been set aside for the development solar energy in Accra.
Dr. Vanderpuije, who was thrilled by the components of the MOU, also indicated that $500 million has been set aside to build logistical centers and storage facilities.
The Shenzhen City Investment Company, which is spearheading the implementation of the MOU, according to Dr. Okoe Vanderpuije, is already in Accra.
The smooth implementation of the MOU, Dr. Vanderpuije pointed out will lead to the creation of jobs which the government is dedicated to providing.
He was optimistic that a land sixe putting up of the facilities outlined in the MOU, will be made available with the support of the chiefs in Accra.
The Chinese city of Shenzhen is the fourth largest economy in China. It was demolished in 2000 for reconstruction of the entire province to begin.
With negotiations which were started towards the development of the Memorandum of Understanding in November. Last year, in China, officials of the Shenzhen province also visited Accra in March, this year, to further final one was signed in China on May 13, this year.
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