Business News of 2014-08-08

Chinese gov’t to help install solar lights in Accra

The Ministry of Energy and Petroleum (MoEP) has signed an agreement with the Chinese government to complete the installation of 275 solar street lights in Accra.

The project, aimed at improving the street lighting system in the national capital, is being executed by the Huawei Technologies Company Limited with funding from the Chinese government.

Currently, 260 solar street lights have been installed at various road intersections.

Areas which have already benefited from the project include Awudome road, and bus stops at the National Theatre, 37 Military Hospital, Flagstaff House and the Ako Adjei Interchange.

Speaking at the signing ceremony, the Deputy Minister of Energy and Petroleum, Mr John Abdulai Jinapor, said the project would go a long way to strengthen the bilateral relationship between China and Ghana.

He said China had contributed immensely to the socio-economic development of the country.

Mr Jinapor commended the Chinese government for the gesture, and assured them of the commitment of the government of Ghana to further deepen the existing relationship between the two nations.

The Chinese Ambassador to Ghana, Ms Sun Baohong, said the street light project marked another gratifying achievement in the China-Ghana co-operation.

In spite of its numerous investments in Ghana, she said, the government of China would continue to invest more to improve the infrastructure in the country.