The Acting Vice President of the Millennium Challenge Corporation (MCC),
Ms Kyeh Kim, has announced that Ghana has been selected as one of the countries in West Africa to be beneficiaries of another Compact programme from the MCC .
The Acting MCC Vice President made this known on Monday, 17th
Describing the Regional Compact Programme as “a Christmas present”, Ms. Kim noted that the MCC was recently awarded the legislative authority to enter into concurrent regional compacts.
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“Our previous statute allowed us to enter into one compact at a time. So, the new legislation that has been offered by our US
Ms. Kim continued, “What we are exploring, in the case of Ghana with its
She indicated that “there are opportunities with your
The acting MCC Vice President, however, indicated that there
With Cabinet having approved the ECG Concession programme successfully, she added that the selection of Ghana to be a beneficiary of the Regional Compact Programme is a “big reward”.
“You got about $1 billion of infrastructure that is waiting to be built, and that will trigger, in addition, to the possibility of large-scale cross-border
On the ECG Concession Programme,
“In every instance, your leadership has pushed this Compact to make progress and made tough decisions for the benefit of the electricity sector, and hopefully, to avoid future ‘
On his part, President Akufo-Addo thanked the MCC for the decision to include Ghana in the Regional Compact Programme, describing it as “very good news.”
The opportunities from the