Chairman of the Finance Committee moved two motions on the OeKB-Backed Loan Facility Agreement
20-10-2020The Chairman of the Finance Committee, Hon. Mark Assibey-Yehoah has moved two motions on the OeKB-Backed Loan Facility Agreement between the Government of the Republic Of Ghana as (represented by the Ministry of Finance) and Commerzbank Aktiengesellshaft for an amount up to Seventy Million, Seven Hundred and Thirty -Three Thousand, Four Hundred and Twenty-Three Euros (€70,733,423.00) to finance the Sekondi-Takoradi Water Supply Rehabilitation and Expansion Project.
Hon.Osei-Assibey also urged the House to adopt the Report of the Finance Committee on the Commercial Loan Facility Agreement between the Government of the Republic of Ghana (represented by the Ministry of Finance) and Commerzbank Aktiengesellshaft for an amount up to Ten Million, Five Hundred Thousand Euros (€10,500.00) to finance the Sekondi-Takoradi Water Supply Rehabilitation and Expansion Project.
Speaking on the floor of Parlaiment, Hon. Osei-Assibey indicated that the objective of the Project is to provide portable water for communities in the Sekondi-Takoradi area.
He mentioned the following communities as beneficiaries of the Project, which are Takoradi, Kojokrom, Fijai, New Takoradi, Nkruful, and Asakrai among others.
