The Tema Export Processing Zone’s water and sewage systems will receive a boost with a GH¢21.5 million grant secured by the Ghana Free Zones Authority (GFZA).
The Facility Investing for Employment (IFE), representing the KfW Development Bank and the German Federal Ministry for Economic Co-operation and Development, provided the grant to address the industrial park’s current water demand of 7,512 m3/day.
The funds will be used to construct a new water storage facility, including an underground tank (6,800m3), an overhead tank (2,273m3), and a pumping station.
The project’s total cost is estimated at GH¢23.9 million, with IFE covering 90%, and the GFZA contributing the remaining 10%.
The construction is expected to generate 1,500 direct jobs and 6,000 indirect jobs. GFZA’s CEO expressed gratitude and welcomed continuous support from IFE to address infrastructural challenges in other industrial zones.
The IFE Managing Director affirmed commitment to the project’s success and the provision of more grants to Ghana. The Deputy Minister for Trade and Industry also thanked IFE for its support.
The new water project aims to expand the Tema Export Processing Zone’s water storage facility, involving the construction of a 1.5-million-gallon (6,800 m3) ground-level tank, a 500,000-gallon (2,273 m3) elevated tank, and a pump house. Present at the grant signing ceremony were officials from the Ghana Water Company, GFZA, GIZ, and KfW.
Source: The Independent Ghana