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Jospong Group secures €20 million for projects

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The Jospong Group of Companies, with the help of the Hungarian government, has secured a €20.2 million loan for various development projects in Ghana.

Together with its Hungarian partners, Pureco, the Jospong Group concluded discussions and signed the contract that will see the construction of Waste Water.

Treatment plants in Takoradi and Tamale will treat wastewater from faecal fluids into reusable water in the two cities.

An additional €100,000 grant was signed for the Zoomlion Foundation for the implementation of the Pureco Education Partnership Project (PEP Project).

The plants will be managed by Sewerage Systems Ghana Limited (SSGL), a subsidiary of the Jospong Group, and will have the capacity to treat 1,000 cubic metres (m3) of waste water a day.

When completed, the Takoradi and Tamale wastewater treatment plants are expected to create about 1,000 direct and indirect jobs in each city where fecal waste treatment facilities are currently nonexistent.

Speaking at the signing ceremony in the Hungarian capital, Budapest, the Executive Chairman of the Jospong Group, Mr Joseph Siaw Agyepong, thanked the governments of Ghana and Hungary for their various roles in securing the facility.

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