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Zoomlion plans more PPP projects

Dr Joseph Siaw Agyepong ZoomlionJoseph Siaw Agyepong, Zoomlion CEO

Fri, 9 Oct 2015 Source: B&FT

…after clearance from World Bank

Zoomlion Ghana Limited has made clear its plans to commit more investment into Public-Private Partnership projects in the sub-region to help it prudently manage waste.

Zoomlion, a Ghanaian-registered company and arguably the biggest waste management enterprise in Africa, is now ready to bid on big-ticket projects funded by the World Bank after serving a two-year ban for violating the Bank’s rules of engagement in Liberia.

Last week, the World Bank satisfied itself with processes undertaken by Zoomlion to adhere to a robust corporate code of ethics and integrity policies and procedures after going through the World Bank’s stringent Corporate Compliance Programme.

According to the Communications Manager of Zoomlion, Robert Coleman, this new and exciting development has set the tone for Zoomlion and its affiliates to partner with huge international bodies so as to redefine waste and sanitation management issues for betterment of the African continent.

“The mission of the company is to be at the forefront of waste management in Africa, and with the lifting of sanctions the sky is the limit.

“We have a comprehensive strategic plan that if implemented will greatly enhance waste management in Ghana and Africa at large,” he said.

Zoomlion currently operates in Togo, Zambia, Angola and Liberia, and has plans to invest in about 10 other countries in Africa by 2020.

Recently, the company inaugurated its Zoompak and is currently undertaking a number of major projects: including the construction of a Compost Plant, manufacturing of Waste bins, rehabilitation of the Mudor plant, and the ongoing construction of a faecal treatment plant near Korle Lagoon -- all of which the company believes will enhance its operations.

The company currently employs over 65,000 persons and intends to come up with more initiatives that will generate more employment in the country.

Mr. Coleman also indicated that the company is poised to intensify its corporate social responsibility in the area of health promotion, public education, and proper sanitation practices.

Commenting on the lifting of sanctions from the company, Executive Chairman of Zoomlion Group of companies Joseph Siaw Agyepong said the corporate compliance programme completed by the company has helped to tighten the integrity, policies and procedure which remain a hallmark of the company’s operations across Africa.

He further stated that Zoomlion as a fast-thriving company is bound to face challenges, and it is its acknowledgement and responses to such challenges which determine whether or not the company will survive.

“As Martin Luther King Jnr. once said, ‘the ultimate measure of a man is where he stands in times of challenges and controversy’. Our determination to overcome the challenge is what has brought us this pleasant outcome. We took the right steps and, thankfully, they have paid off. I am eternally grateful to God, the selfless and dedicated management and staff of Zoomlion, the government and people of Ghana, and all our well-wishers for their tremendous support during the challenging times,” he said.

Source: B&FT