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NewsGovt secures alternative funding for stalled La General Hospital project

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Govt secures alternative funding for stalled La General Hospital project

President Akufo-Addo revealed that the government has successfully  secured an alternative funding solution for the reconstruction of the La General Hospital project.

He announced this during his State of the Nation Address in Parliament on Tuesday, February 27, 2024.

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This comes after the project was stalled over claims of a lack of funds.

Former Majority Leader Kyei Mensah Bonsu mentioned that the sponsors of the project had become lackadaisical in the release of funds for the project since Ghana entered into an engagement with the International Monetary Fund (IMF). 

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In August 2020, President Nana Akufo-Addo cut the sod for the commencement of construction of the Hospital Redevelopment Project after his government demolished the hospital following the management’s complaints of severe structural problems in 2015.

However, in a new development, the president said “an alternative source of funding has been secured for the reconstruction of the La Hospital Project as a fully functional modern hospital, with the necessary equipment for diagnosis and treatment. 

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The contractor has been paid an advance mobilisation of 15%, representing some US$7.5 million, and work has begun.”

 He went on to assure the completion of the project in twenty-eight months.  

“The project commenced effectively in January of this year and will be completed in 28 months.  

The President emphasised that the hospital project, which has been eagerly anticipated and has garnered widespread public interest, will undergo a remarkable transformation. 

With the recent acquisition of funding, the hospital will undergo reconstruction and be furnished as a fully operational modern healthcare facility, equipped with the latest diagnostic and treatment technologies. 

This development underscores the government’s steadfast dedication to enhancing healthcare infrastructure and services nationwide.

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