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Africa Integras CEO-Privatisation of UG over $64m project claim false

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CEO of Africa Integras, Andrea Pizziconi has delineated as false reports that her company had planned to denationalise the University of Ghana if the university didn’t meet its facet of the bargain during a $64 million infrastructure enlargement agreement.

Africa Integras entered into the agreement with the University of Ghana in 2014 which was signed by its former vice chancellor, Prof. Ernest Aryeetey to invest US$64 million in the construction of recent students’ housing on the Legon field.

The project was structured underneath a 25-year Build, Operate and Transfer (BOT) arrangement.

It was also to construct a brand new dedicated facility for the school of Basic and Applied Sciences and the Institute of Technology and Applied Sciences, likewise as a brand new facility for the school of Health Sciences.

Education Minister, Dr. Matthew Opoku Prempeh, once advised that the University of ghana risked being privatised if it didn’t meet its obligations within the agreement.

But Andrea Pizziconi insisted that africa Integras had different suggests that to enforce that contract that didn’t involve privatising the school.

“There is nothing within the contract that offers us any right to work the university some. that’s not what we do. there’s no mechanism in the contract that allows us to enforce the contract.”

The CEO of Africa Integras same she still longed for the deal, that has been stalled, to be realised.

She said it had been “completely tragic that those buildings aren’t even built. they are 65 % complete.”

“I think about the one,200 construction workers that lost their jobs and didn’t get Christmas bonuses when the project was suspended and that i think about the thousands of teenagers who could have gone to UG but might or might not ever get a university education.”

More info on the Africa Integras project

Africa Integras underneath the agreement was additionally to obtain thousands of recent students’ hostel beds, to be divided between undergrad and graduate students principally to serve the school of Health Sciences.

However, following the exit of professor. Aryeetey and therefore the swearing-in the new Vice-Chancellor, Prof. Ebenezer Oduro-Owusu, it had been alleged that the arrangement by professor. Aryeetey didn’t supply worth for cash.

He additionally claimed that professor. Aryeetey had received monetary inducements to permit the project to proceed since it had been economically unreasonable and would price the University more cash.

Prof. Aryeetey however rubbished these claims, explaining that UG had capable all the correct procedures before sign language the agreement with the corporate.

He insisted the processes leading up to the sign language of the agreement with Integras were clear, with all relevant stakeholders being unbroken privy of all developments.

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