Business News of Sat, 2 Dec 20179
Jospong, Hungarian firm sign partnership to build sewage plants
Jospong Group of Companies has signed a memorandum of understanding (MoU) with Pureco, a Hungarian company, for the construction and installation of sewage and waste water treatment plants in Kumasi in the Ashanti Region.
The project, which is expected to begin this month and will be completed in the middle of 2019, will cost about seven million euros, with additional 4.5 million euros for a solid waste recycling plant.
When completed, the facility, which will be the first of its kind in the region, will treat all the liquid waste generated in Kumasi and its surrounding areas.
Currently, liquid waste generated within the region is discharged into open water bodies due to the lack of a facility to treat it.
An agreement to that effect was signed last Friday by the Executive Chairman of Jospong Group of Companies, Mr Joseph Siaw Agyapong, and the Chief Executive Officer of Pureco, Mr Balint Horvath.
The Minister of Works and Housing, Mr Samuel Atta Akyea, witnessed the signing of the MoU between the two organisations.
The facility will be managed by Sewage Systems Ghana Limited (SSGL), a subsidiary of the Jospong Group of Companies.
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Briefing the Daily Graphic after the signing ceremony, the Managing Director of SSGL, Mr Haidar Said, said the project would be funded by the Hungarian Exim Bank, with support from the Hungarian government, and financial contribution from the Jospong Group.
“The MoU we have signed today is for the first phase of the project, which includes designing and constructing sewage septic waste facility in Kumasi,” he said.
Mr Said noted that the facility was part of the measures being put in place by the company to properly manage waste in all the 10 regions of Ghana.
He said immediately the Kumasi facility was completed, there would be a process to commence other facilities in Tamale and Takoradi in the Northern and Western regions, respectively.
Mr Said said the facility in Kumasi would have about 40 per cent capacity compared to the Lavendar Hill Treatment Plant, which is owned by the same company.
For his part, the Chief Executive Officer of Pureco, Mr Horvath, said his company had specialised in design and construction of Sewage and waste water treatment plants, as well as solid waste recycling plants.
Aside from that, he said the company was also into the construction of potable water treatment facilities.
Touching on the facility in Kumasi, Mr Horvath said it would be constructed in a way that would help treat liquid waste, adding that the company intended to use the best of materials to come out with a modern waste facility.
“Right now, we are ready to begin the necessary process to begin work and we intend to complete it on schedule,” he added.
In his remarks, the Minister of Works and Housing, Mr Atta Kyea, lauded the initiative and expressed the hope that the project would help address liquid waste challenges in Kumasi.