Keta Water Supply project in Ghana to receive financial boost

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Keta Water Supply project in Ghana to receive financial boost

The Keta Water Supply Rehabilitation and Expansion Project implementation in Ghana is set to receive a financial boost from SACE, Italian Export Credit Agency specialized in supporting the growth and development of businesses and the national economy

The project which aims to improve water and sanitation conditions in the Southern Volta Region, was commissioned by state-owned Ghana Water Company Limited. It is part of the government’s infrastructure development programme designed to strengthen economic growth and create job opportunities, while assuring better living conditions for its rapidly growing population.

The project will see rehabilitation of the existing Keta Water Treatment Plant in Agordome to restore production to its full capacity of 7,200 cubic meters per day, and construction of a new water treatment facility in the city with a capacity of 35,000 cubic meters per day. The funding is subject to a recent US $180m+ financial agreement.

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Meet water requirements

Upon completion, both plants together with planned transmission pipeline, a booster station and reservoirs, will collectively be able meet the current and future water requirements of over 400,000 residents in the communities of Keta, Anloga and the Tongu districts until 2030.

Works are being done by Lesico Infrastructures Srl an Italian subsidiary of Lesico Group, with 16 Italian SMEs involved in the project supply chain. Bluebird Finance & Projects has been involved as a financial advisor of Lesico Group and AKA Ausfuhrkredit-Gesellschaft mbH has joined the transaction as a co-lender.

 

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