The project cost which is estimated at One Billion, One Hundred and Twenty Million Dollars ($1,120,000,000) represents only the project construction, equipment supply and installation, excluding financing costs, credit insurance costs and all statutory taxes.
The Framework Agreement is for:
"THE RELOCATION OF UNIVERSITY OF GHANA MEDICAL SCHOOL – TEACHING HOSPITAL ON LEGON CAMPUS AND REDEVELOPMENT OF KORE-BU TEACHING HOSPITAL"
The project is in two (2) phases:
a) Relocation of the University of Ghana Medical School-teaching hospital on Legon campus
b) Redevelopment of Korle-Bu Teaching Hospital
Phase 1 of the project covers the provision of Beds, Diagnostic Centre for Laboratory Investigations which can be used by SAHS & NMIMR for Research, Infrastructure for constituent institutions, Accommodation for faculty and Construction, Roads, Hostel for International students, a college library, and Skills Training Centre.
Phase 2 of the project covers the provision of a Children's Emergency Complex, Electrical Retro-Fitting, Plumbing and Sewage Overhaul, Gynecological Emergency and Wards, Pharmaceutical Manufacturing Unit, Staff Residences and New Complex for Korle-Bu Teaching Hospital.
The Korle-Bu Teaching Hospital is Ghana's premier Teaching Hospital providing Tertiary care and catering for more than half of the population of Ghana in the Southern half of the country covering the Eastern, Western, Greater Accra and parts of the Brong Ahafo Region. Increasingly, due to the highly specialized nature of medical services it renders, it is becoming a hub for regional and inter African referrals in many specialties for both adult and children. It also fulfills its mandate of training both undergraduates and postgraduates of the medical, nursing and allied professions, teaching and research.
Most of its buildings date its foundation in the 1923 and 1924s, with a few more relatively modern dating in the 1960s. A few of these areas namely the medical block has seen more renovation. However, the majority of the original infrastructure is as it was put up and has need for rehabilitation.
In addition, there is chronic congestion on most wards and receiving areas especially for emergencies with bed occupancy rates in these areas exceeding 100% with crowded Departments. The hospital is indeed considered the 'last stop' for seriously ill cases.
In 2008, a master plan as well as a site plan for a "new Korle-Bu Complex" was developed and approved by the Korle-bu Board of Directors. It is this same need for a new complex among others which Dr. Lorinda Liang realized, desired and took steps to ensure that they are met.
Dr. Lorinda Liang, who is the facilitator of the described projects, is upbeat about the impact of the project on the Ghanaian economy.
She says to the Daily Graphic "We are not here to compete. We are here to call on everyone to unite and build a stronger Ghana. We are here to share in the interest with the Ghana Government"