Home Business MMDAs frustrating Ghana First Toilet project

MMDAs frustrating Ghana First Toilet project

 

Information available to TheNewsGh.Com suggests the non-cooperation of some Metropolitan, Municipal and Districts Assemblies (MMDAs) with Ghana First Company Limited has resulted in the stalling of the building of ultra-modern toilet facilities across the country.

The MMDAs have refused to submit the Land Title Documents on the bare lands they provided contractors of Ghana First Company to build the toilets and has, as a result, delayed the company’s arrangments to secure funding for the project.

Digitrust Ghana Advertisement
It is crucial that the MMDAs respect the undertaking they made to the company to enable it to secure the needed funding for the project since the Land Title Document is a key requirement for collateral demanded by the financial institutions interested in funding the project.

The Ghana First Company Limited(GFCL) entered into a Public-Private Partnership with the Metropolitan, Municipal and Districts Assemblies (MMDAs) in Ghana concerning the construction of Ultra-Modern ICT toilet facilities all over the country.

The MMDAs gave an undertaking to provide bare lands and the Land Title Documents on the lands for the construction of the toilets. The structures built and the Land Title Documents were to be used solely by GFCL as collateral in addition to other requirements demanded by the financial institution for the funding.

Though GFCL has provided its requirements to the financial institutions to secure funding of the project, the MMDAs have until date refused to provide the Land Title Documents, a key requirement by the financial institutions.

The company has written a letter of complaint to the Ministry of Local Government and Rural Development over the state of affairs.

It has also petitioned the President and copied the Council of State.

The non-cooperation by the MMDAs has unduly hindered the company’s efforts to secure funding for the project.

Irrespective of this, GFCL has so far provided financial assistance to some of the contractors to the tune of GHC 5,518,200.

Below are copies of undertakings by some MMDAs



LEAVE A REPLY

Please enter your comment!
Please enter your name here