Kuwait lends Ghana KD4.5m for medical project

The Kuwait Fund for Arab Economic Development (KFAED) announced here on Thursday signing of a loan agreement with government of the Republic of Ghana, under which KFAED provides KD 4.5 million, equivalent to about USD 15.3 million, to Ghana to contribute in financing a center for emergency and intensive care project in Korle Bu Teaching Hospital.  In a press statement, KFAED said that the agreement was signed by Ghanaian Minister of Finance and Economic Planning Seth Terkper and KFAED's Deputy Director General Hisham Ibrahim Al-Wegayan.  The proposed project aims to support economic and social development in Ghana through meeting growing demands for health services, enhancing quality of medical care services, limiting of critical deaths and injuries resulting from accidents and events that might occur in the southern part of the country, noted the statement.  The first phase of the project contains constructing and processing the center for emergency and intensive care, which consists of three floors with an area of 20,000 square meters and it includes civil, electrical, and mechanical works, as well as patients-related furniture, equipment, and procedures, and consulting services to prepare detailed designs, documents for discussions, supervision, implementation, and institutional support, and audit services, added the statement.