The Ghana Lands Commission has signed a contract with a Ghanaian-owned private investor who will inject $85 million into the Commission’s operations.
The contract agreement is expected to be signed between the Lands Commission and PDB Ghana Limited, a wholly-owned Ghanaian Land Administration Company, by the end of 2023.
Details
The contract will span a period of five (5) years, which will see some transformation in the operations of the Commission.
Benito Owusu-Bio, a Deputy Minister of Lands and Natural Resources, made the announcement during a visit to the Client Services and Access Unit of the Lands Commission in Accra.
The Office of the Attorney-General, the Ministry of Finance, Public Procurement Authority, and Pricewaterhouse Coopers were brought in to scrutinise the contract agreement to ensure value for money.
Digging Deeper
The contract will have key performance indicators clearly spelled out in the agreement for the private investor to meet including admin and structural reforms and revenue improvement. The Deputy Minister also stated that Parliament would not increase the fees of the services due to the new contract.
The digital data from the mapping of the project will be accessible by various public and private entities for spatial planning purposes.
The repayment of the private investor’s funds would be spread over a long period through the Commission’s internally generated funds and clients could also make payments of various fees and charges through the Ghana.gov. portal.
What They’re Saying
“We shall establish a National Spatial Data Infrastructure, which will allow all agencies to tap into it, and this will help improve data quality, standardisation and generate a lot of money for the Commission,” Mr Arthur said.
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