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Winneba to benefit from one billion dollars investment
project
Winneba (C/R), Jan. 21, Ghanadot/GNA-The
Caribbean Atlantic Holdings Company Limited, a foreign
investment company and other prime investors from the
Caribbean and the USA are to invest one billion dollars for
the construction of an ultra modern beach resort at Winneba
to boost tourism revenue.
The project, dubbed: "Muni Lagoon Resort" is aimed at
creating an internationally competitive resort that readily
makes Ghana a world tourism destination, compared to others
such as Barbados, Tobago and Orlando.
Mr Edward Nimoh- Boateng, Chief Executive Officer of
Caribbean Atlantic who made this known to the media at
Winneba during a durbar of chiefs and people to give details
on the project.
He said the 1400-acre project would generate about 20,000
jobs and help market the Aboakyir festival to attract more
tourists.
He said the Ministry of Tourism and Diasporan Relations is
the host agency for the facility which would provide at
least 3,000 rooms of an international 5-Star standard with a
myriad of tourist activities, a world class golf club and a
stretch of two to three kilometres virgin beach.
The project, he said, was scheduled to take off by January
22, 2008 and would begin with preparatory socio-economic and
engineering studies as well as detailed site planning and
urban design.
According to Mr. Nimoh–Boateng although the resort would be
fully completed in 2015, it would partially start operations
in 2009.
He said considering the huge foreign exchange the facility
could generate and the limited number of hospitality
facilities in the country, which had become more evident
with the hosting of the African Cup of Nations this year,
the company was optimistic that the facility would yield
positive results.
The CEO said the influx of foreigners into the country each
day for one business or the other assignment and the
increasing population, there was the need for more of these
facilities to serve their accommodation needs.
Mr Nimoh-Boateng said the company was expecting to attract
investments of over 700 million dollars into the project.
Ms. Ann Marie Charles De Silva, Board Chairman of the
company expressed regret on the mixed feeling of some of the
people to about the project and urged them to support the
company to enable the project to take off.
He said the Aboakyir festival alone has the potential to
attract more tourists for it to become a world class
festival, adding, "Give us Africans from the Diaspora the
chance to invest so that we can all benefit from it", she
added.
Mr. Stephen Asamoah-Boateng, Minister of Tourism and
Diasporan Relations, said government supported the
initiative and called on the people to also support it so
that revenue could be generated to undertake development
projects in the newly created Winneba municipality.
Mr. Jake Obetsebi-Lamptey, former Ministry of Tourism said
the time had come for the people to do away with any
conflict of interest and open up to wealth creation by fully
supporting the project to boost business opportunities in
the town and improve their socio-economic status.
Mr. Samuel Owusu Agyei, Member of Parliament for the area
and Minister of Public Sector Reform also welcomed the
initiative and reiterated the need for the full support of
the community.
Nana Ato Arthur, Central Regional Minister pledged the
Regional Coordinating Council's full support for the
investment.
The resort would have other facilities such as a thatched
village, three 5-star water front hotels, recreational
centre, aqua sports, health spa, air transport parks and
submerged chalets, among others.
GNA
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