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GIDC to contest STX KOREA deal

Tue, 3 Aug 2010 Source: GNA

Accra, Aug. 3, GNA - The management of Ghana International Development Consortium (GIDC) in Germany on Tuesday said in agreement with most well-known German real estate developers, they were ready to contest the STX Korea deal and provide the nation with a better and transparent alternative.

A statement issued copied to Ghana News Agency in Accra said "Office of the President would be officially informed by the middle of August this year. After that, the Minister of Water Resources, Works and Housing and other stakeholders would be invited to Germany to participate in the decision process. Afterwards, the German and Ghanaian expatriates would visit Ghana to have a visibility study and give the nation their recommendation".


"It is our hope that this action would help the nation to take a second look at the deal before coming into any agreement with any of the providers," it added.

The statement, signed by Evangelist Prince Aidoo Junior, Chief Executive Officer of ACL Logistics International, and GIDC said "as a consortium, to our understanding, a change can be achieved through concerted approach, and the wisdom of the Ghanaian expatriate would be inevitable in the process".


"President John Evans Atta Mills' vision for a "Better Ghana Agenda" would be achieved when the wisdom of most of the professionals in the Diaspora are embodied in the vision, "it added.

Source: GNA