Sinohydro a very good deal – Allotey Jacobs

Former Central Regional Chairman of the National Democratic Congress (NDC), Bernard Kojo Allotey Jacobs, has said the Akufo-Addo-Bawumia government’s Sinohydro deal is good and will improve lives of Ghanaians.

Uncle Allotey, as he is affectionately called said his region (Central Region) is one of the places earmarked to benefit from the projects and he is excited. He is therefore advising all and sundry to welcome the idea.

Mr. Allotey also explained that Sinohydro will also increase economic activities in the areas and touch lives as well.

“This deal is very good and needs to be welcomed. I will personally benefit from it because of the roads to be constructed in my region and others as well. This deal will improve the lives of the people within and around those areas as regards to their economic activities,” he said on Adom FM’s Dwaso Nsem monitored by MyNewsGh.com .

His comments come after the first tranche of the ‘bauxite for development’ barter agreement, popularly known as Sinohydro deal, signed between the Government of Ghana and the People’s Republic of China was released, as the Vice President of the Republic, Dr Mahamudu Bawumia announced.

Speaking in Accra on Monday, 11th November 2019 at the Jubilee House, Vice President Bawumia indicated that projects under the agreement have been grouped in Lots, and their review and approval is ongoing.

Major progress has been made, Vice President Bawumia stated, with the China and Ghana governments determined to ensure the success of the barter deal, which would see the leveraging of a fraction of Ghana’s bauxite to undertake a massive overhaul of her infrastructural, industrial and agricultural base.

Vice President Bawumia made the disclosure when he led a government delegation including Chief of Staff Mrs Akosua Frema Osei-Opare and Ghana’s Ambassador to China, H.E Edward Boateng, for bilateral talks with a Chinese delegation led by H.E Sun Chunlan, Vice-Premier of the State Council of the People’s Republic of China, who is on a three day official visit to Ghana, at the seat of Government.