Business News of Tuesday, 1 October 2002

Source: gna

Ghana, SONITRA sign $14-million road contract

Ghana and SONITRA, a construction firm based in Israel have signed a contract of about 14 million dollars for the construction of the Anyinam-Konongo strip of the Accra-Kumasi road.

The Minister for Roads and Transport, Dr Richard Anane signed for Ghana and Mr Jesse Kaifa, Managing Director of SONITRA Construction Firm, signed for his company.

A statement from the Roads and Transport Ministry issued in Accra and signed by Mr Emmanuel Asempa, Public Relations Officer of the Ministry, said the contract, which was worth 13,907.217.86 dollars, was expected to be completed within 24 months.

Signing the document, the release said Dr Anane reiterated Government's policy to make the Accra-Kumasi road a dual one and added that the signing of the contract was to harmonise the contract for the parties involved to understand each other and work in harmony to achieve the Government's objective.

Dr Anane said the project was dear to the government and advised the contractor to expedite work on the project. He said Government and the local people would co-operate and support the contractor for the project to be completed on schedule.

Mr Kaifa said SONITRA would start work as soon as it got an acceptance letter from the Ministry. He said the company had already mobilised equipment and could start work immediately when approval was granted.