Gov’t to service University of Ghana’s GH¢43m loan facility
The government has secured a loan facility of GH¢43 million for the University of Ghana (UG) to build four additional halls of residence to ease its accommodation challenges.
Professor Ernest Aryeetey, Vice Chancellor of UG disclosed this during a graduation ceremony to confer diploma and degrees on more than 5,000 students who successfully completed their programmes during the 2011/2012 academic.
He said the University over the last five years has put up four additional halls of residence at a cost of GH¢43 million.
“I am happy to announce that, as part of government’s strong desire to improve the quality of education at Ghana’s premier university, the government of Ghana has agreed to take over the loan facility and service the principal and interest accrued”, he added.
Professor Aryeetey said the university is undertaking more infrastructural expansion to take care of the varied infrastructural needs of the university.
He mentioned re-roofing and rewiring of all staff housing units and works and rehabilitation of some selected roads on the Legon campus as some of the ongoing projects.
There has been a ground breaking ceremony for the construction of a 600-bed teaching hospital for the university located close to the Noguchi Memorial Institute for Medical Research, he said.
The Vice Chancellor noted that the hospital would have state-of-the-art facilities for trauma and emergency services, heart surgery, medical imaging and a helipad.
According to Professor Aryeetey, “The project which cost $175 million is being funded through a loan facility by the government of Ghana”.
The Vice Chancellor said the project would enhance interaction between students and faculty of the health sciences and the rest of the university.
The hospital will eventually be expanded into a 1,300 bed facility to ease the pressure on Korle-Bu teaching hospital as well as provide greater opportunity for inter-disciplinary research, he said.
Ms Betty Enyonam Kumahor, the Managing Director of Africa for Thoughtworks, a global IT consulting firm, who was the guest speaker, told the new graduates not to be daunted by the unemployment situation in the country but rather work hard to become relevant.
Source: GNA