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A Memorandum of Understanding (MoU) has been signed in Singapore to construct a 10,000-capacity student hostel for the University of Ghana.
The agreement, aimed at easing the accommodation challenges faced by students, was one of several deals signed during President John Dramani Mahama’s state visit to Singapore at the invitation of President Tharman Shanmugaratnam.
Other agreements included partnerships between Rock Africa, Robin Village Development, the Ghana Infrastructure Investment Fund (GIIF), and Uni Premier to roll out prefabricated prefinished volumetric construction (PPVC) for affordable housing projects.
Additionally, Rock Africa and Ascent signed an MoU for the supply of mass flow meters and tracking solutions, while another deal was reached between Rock Africa, Ascent, and China Communications Construction Company (CCCC) for the design and construction of a new oil jetty in Ghana.
Agreements also covered advanced airport security systems between Rock Africa and Ascent Solutions, as well as a collaboration involving the Ministry of Roads and Highways, Rock Africa, and Pan United on road and pavement materials testing and construction. A letter of intent was signed for the redevelopment of a high-quality international-standard mixed-use project in Accra.
President Mahama used the visit to engage investors and encourage stronger economic partnerships between Africa and Asia, with Singapore taking the lead. He emphasized that his vision extends beyond traditional diplomacy to promoting trade and investment opportunities.
Meanwhile, Foreign Affairs Minister Samuel Okudzeto Ablakwa disclosed that President Mahama has directed the establishment of a consulate in Singapore to strengthen bilateral ties. He also invited Singapore to reciprocate with a diplomatic mission in Ghana.
