Malaysia-Ghana MoU on infrastructure development signed


  • Business
  • Thursday, 15 Feb 2007

ACCRA (GHANA): Malaysia and Ghana signed a memorandum of understanding on infrastructure development, paving the way for more construction jobs for Malaysian contractors in the African region. 

Works Minister Datuk Seri S. Samy Vellu, who is on an official three-day visit, represented Malaysia while Ghana was represented by its Works, Housing and Water Minister Hackman Agyeman in the ceremony on Thursday. 

“We are happy to participate in Ghana’s development,” Samy Vellu said here. 

He said Malaysia has identified the upgrading of a 212km Accra-Kumasi road into a dual carriage way at a cost of US$300mil (RM1.1 bil) and several other roads in Kumasi. 

“We are also looking to undertake a water supply project worth US$190mil (RM684 mil) near Volta River, about 40km from Accra,” he said. 

On housing, Samy Vellu said Ghana has asked Malaysia to build low cost apartments, with an initial order of 1,000 units. 

“The Construction Industry Development Board and Exim Bank of Malaysia would spearhead the project by forming a consortium with Ken Holdings of Malaysia and several local partners,” he said. 

Samy Vellu's visit to Ghana was part of the efforts to get projects for Malaysian contractors around the world. 

Due to his effort, India has been a significant international construction market for Malaysian contractors. 

He said Malaysian companies have been involved in 67 projects in India. 

Forty-nine projects have been completed while another 18 projects were being implemented. 

Samy Vellu said the Malaysian government had formed a consortium of a dozen companies and had bid to build a network of national expressways spanning 7,000 km in India. 

He said the project, to be completed on a build-operate-transfer basis in stages, would link Thiruvananthapuram, Chennai, Bangalore, Hyderabad and Pune and another between New Delhi and Kolkatta. 

Malaysian companies have completed 255 overseas projects. 

The countries in whichh Malaysian companies were involved include India, Pakistan, Libya, Middle east countries, Bosnia Herzegovina and African countries. 

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