August 8, 2018
Parliament has by a unanimous decision approved a loan amount of €47,163,000 for expansion works (Phase II) on the University of Ghana Medical Center (UGMC).

This follows the approval and subsequent adoption of the report of the Finance Committee on ASHRA Export Credit Facility agreement between the Government of the Republic of Ghana and Bank of Hapoalim B. M. for an amount of up to €40,643,000.00 and a Tied Commercial facility agreement in the amount of €6,520,000.00 between the Government of the Republic of Ghana and Bank of Hapoalim B. M.
Phase II of the project which is expected to be funded under these agreements will focus on the strategic income generating services for short, medium and long-term sustainability of the hospital including a technical assistance package.

The project will also target new clinical services and medical interventions that will give the health facility a competitive edge over others in the country as well as the sub-region.

The services include a nephrology unit, facilities for cardiothoracic and neurosurgery, facilities for Assisted Reproductive Technology, additional VIP wards for Obstetrics and Gynaecology, Internal Medicine and Surgery with additional specialized medical equipment and the provision of drug and non-drug consumables.

Phase II of the project further includes; income generation items such as a commercial pharmacy, additional housing accommodation units and a commercial morgue with facilities for funerals.

The objective of the project, according to the report of the Finance Committee, is to establish a state-of-the-art training facility for medical education that will facilitate the relocation and accommodation of all institutions of the College of Health Sciences to the University of Ghana, Legon campus to serve as a nerve center of the proposed Medical Village.

The Center is to function locally as a referral hospital and operate at a specialized level to attract clientele beyond the borders of Ghana to take advantage of the specialties offered in the country which is expected to be first class in the sub-region.

Further to that, the health facility is expected to serve as a center for medical tourism for those in need of medical services within the sub-region and beyond for super tertiary care and specialties.

By Christian Kpesese/