Print this article

Shapoorji Pallonji to build presidential complex in Ghana

May 25, 2006 18:12 IST

The foundation of the seat of government and presidential complex will be laid by John Agyekum Kufuor, president of Ghana, in the presence of Anand Sharma, Indian minister of state for external affairs, on Friday in the Republic of Ghana.

It will be constructed by Shapoorji Pallonji, a 140-year-old construction major.

The Indian government has extended $ 30-million line of credit for the project, which is estimated to cost $ 36.9 million. The balance is being funded by the government of Ghana.

This project is the culmination of initiatives taken at CII's Africa Mini Conclave, held recently in Accra. 

Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group

© Copyright 2019 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.