AGI Construction Sector Applauds Establishment of Construction Bank

Mr Rockson Dogbegah, the chair of the Association of Ghana Industries (AGI) Construction Sector has lauded the establishment of Construction Bank Ghana Limited, describing it as timely and strategic. “I see the opening of the Construction Bank, Ghana as very timely and strategic. It’s coming at a time when the government has set very ambitious … Read more

Contractors ‘weep’ Over Delay In Payments

Some contractors in the country have bemoaned delays on the part of government in paying for work done. According to them, the situation puts contractors in a difficult position that erodes all their gains as banks impose penalty payments on those who default. Speaking to Citi Business News on the issue, the Managing Director of … Read more

Contractor Lauds Government 70% Local Content Move

A local contractor, Hussein Yushaw Fuzak, CEO of Fuzak Company Ltd., has welcomed government’s new policy of reserving 70 per cent of all contracts funded by the taxpayer for local contractors. The initiative is part of efforts by the government to make local contractors globally competitive. The announcement was made by Vice President Dr Mahamudu … Read more

$1.5bn Tema Port Project Sparks Local Content Concerns

Domestic suppliers, construction and transport companies are edgy they could be side-stepped in the execution of the US$1.5 billion Tema Port Expansion project, which is expected to start in the next couple of months, the B&FT has gathered. The lack of clarity of the role local companies will play in what is set to be … Read more