General News of Wednesday, 10 April 2019Source: citinewsroom.comSinohydro deal: Breakdown of projects under phase oneplay videoPresident Nana Addo Dankwa Akufo-Addo signed the Sinohydro deal in September 2018Each of Ghana’s 16 regions will benefit from the Sinohydro arrangement, with hospital projects, the extension of electricity to rural communities, and construction of court and residential buildings for the Judicial Service, landfill sites and industrial parks expected to take place. Under the deal, Sinohydro Group Limited of China will provide the infrastructure of the government’s choice in exchange for Ghana’s refined bauxite. The first phase of the project, costing $646.6 million begins with the Tamale Interchange project. The projects under Phase 1, which have been approved by Parliament are:Lot 1 – Construction of Accra Inner City Roads. A total of thirty-nine (39) kilometres of roads will be constructed in Sunyani and Berekum Township.

Source: GhanaWeb April 10, 2019 15:45 UTC