Korea Exim Bank Accra Representative Office

[The Garoua Referral Hospital Establishment Project]

In the first week of June, 2018, the Acting Chief Representative of the Export-Import Bank of Korea, Accra Representative Office, Mr Minhyuck Kang, led a delegation to the Republic of Cameroon to check the progress of the Garoua Referral Hospital Establishment Project funded by the Economic Development Cooperation Fund (EDCF)

[Accra Representative Office of Korea Exim Bank Visited, Freetown, Sierra Leone]

On the 17th to 19th of April, 2018, the Accra Representative office of the Export-Import Bank of Korea, led by its Acting Chief Representative, Mr. Minhyuck Kang, visited Freetown, Sierra Leone, to check the progress of the Freetown City Council Complex Project, financed by EDCF.

[ The Appraisal Mission Team From Korea Exim Bank signed an MOD with the Government of the Republic of Ghana.]

From the 26th February, to 1st March, 2018, the Export-Import Bank of Korea dispatched a four member team lead by the Director in charge of the EDCF operation in Africa, Mr. Choi Jeong-hoon to Ghana.

After successfully fulfilling their various tasks, the Minute of Discussion for the establishment of the University, was successfully signed on the 1st March, 2018, between Mr. Choi Jeong- hoon and Hon. Dr.Matthew Opoku Prempeh, Minister of Education.

[The President of the Republic of Ghana inaugurates Wa Water Supply Expansion Project]

Nana Addo Dankwa Akufo-Addo the President of the Republic of Ghana, on Monday 2nd of October, inaugurated the Wa Water Supply Expansion Project which was financed by EDCF from the Korea Eximbank.

The inauguration of the project by President Nana Akufo-Addo, marked the beginning of 15,000 cubic metres of Water per day to serve residents of Wa Municipal and its environs up to 2025.

‘‘Korea is one of our best friends, and is one of the friends that we would want to continue to have excellent relationships with. For myself, personally, I am inspired by the development of Korea, from how they came out from conditions just like ourselves and, are, today, one of the leading Economies of the World. They have done a great job that we want to duplicate in Ghana” the President said.

THE PROPOSED GHANA SPECIALTY HOSPITAL PROJECT

On the 16th of August, 2017, a meeting was held between The Accra Representative Office of Korea Eximbank, and the Ghana Health Service, purposely to discuss the proposed Ghana Specialty Hospital Project. The meeting therefore was represented principally by the Deputy Chief Representative of Korea Exim Bank Accra Representative Office (Mr Kang Minhyuk), The Director General of Ghana Health Service (Dr. Anthony Nsiah Asare), The Country Representative of KOFIH, (Dr. Yang D**g –Hoon.)
At the meeting, issues pertaining to the Project, were thoroughly discussed. Some of the issues were the choice of the location of the Proposed Project, the features of the Projects, and other relevant issues. The Director General of Ghana Health Service thank the participants and gave them his assurance that he will do his ultimate best to make sure that the Proposed Project see the light of the day.

Korea Eximbank EDCF finances the establishment of University of Environment and Sustainable Development
June 14, 2017Source: thebftonline.com l Ghana
Korea Eximbank EDCF finances the establishment of University of Environment and Sustainable Development

The Ministry of Education and Korea Eximbank recently signed a Project Concept Paper (P*P) for the establishment of University of Environment and Sustainable Development (UESD) in Accra. The P*P outlines the framework of UESD before commencement of Feasibility Study.

A mission from Korea Eximbank and Sangmyung University visited Ghana from 5th to 8th of June, 2017 to develop the project concept and discuss the direction and guidelines for conducting the Feasibility Study with their Ghanaian counterpart.

The Ministry of Education and Korea Eximbank reached the agreement that EDCF will provide 70 million US Dollars for UESD project, with the main campus of the UESD to be located at Bunso in the Eastern Region. The faculties will include school of agriculture and agro-entrepreneurship; and school of Engineering and Technology.

The government of Ghana has been seeking to establish at least one full-scale public university, distinct from technical universities, in each of the ten administrative regions of the country. The Eastern Region does not presently have a full-scale public university hence the priority accorded the Project.

The UESD Bunso when established will focus firstly on satisfying the human resource demand from Ghana’s local and national industries. The UESD Bunso is also being established in response to the current national focus of food security and agro-industry as important growth nodes in the economy of the nation.

The University will provide leadership in the teaching, research and public outreach across a number of fields and will help address problems that affect our food security and enhance future competitiveness of Ghana’s industries, in a sustainable manner. And the students will be equipped with concepts and skills in modern science and technology and relevant knowledge and will be encouraged to engage communities to test models.

The chief Representative in pose with the officials of UCAES after the meeting

The Chief Representative also visited Bunso Cocoa College

The Chief Representative of Korea Eximbank in Ghana, on the 6th of April, visited the newly proposed main campus of the UESD at Bunso, where he had discussion with the officials of the UCAES Also situated at Bunso.

The Chief Representative Mr Joeongseon Yu, on the 17th of February 2017, had a meeting with the Finance Minister Hon. Ken Ofori Atta to discuss current issues Relating to the EDCF.