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Business News of Thursday, 4 August 2016

Source: InstinctWave Limited

2nd Ghana Construction awards launched

Winners of 2015 Winners of 2015

The second edition of the highly successful and widely acclaimed Ghana Construction Awards has been officially announced by InstinctWave, organizers of the event.

The announcement comes on the back of the success of last year’s edition as organisers and stakeholders hope to improve on the gains of the event.

The awards ceremony comes off on 8th October, 2016 at the Kempinski Gold Coast City Hotel in Accra. The event will honor companies and individuals for their accomplishments and strides in Ghana’s construction industry.

Announcing the event, organizers said the awards will help showcase how the construction industry is pivotal to the economy of the nation whiles recognizing and rewarding companies who are pushing new frontiers in the industry and have been exceptional in the past years.

“The construction sector plays an important role in economic growth. For instance the industry contributed about 11.8% to Ghana’s overall GDP in 2013. However, the construction sector has been overlooked in terms of rewarding innovation and creativity. Our goal is to celebrate the achievements of those construction companies who have made it their responsibility to transform the construction industry and advance the country’s infrastructural development,” Akin Naphtal, CEO of InstinctWave.

In recent times, the construction and housing industry has played a significant role in national developmental. Ghana’s infrastructural agenda is possible due to the massive investment and contribution by players in the industry. Whilst challenges in the industry like private sector development, growth and sustainability of professionalism still persist, we cannot overlook the impact of the sector.

There is therefore the need for a concerted effort to reward and celebrate industry players bracing the challenge and fostering new infrastructural projects across the length and breadth of the country.

“What we want to achieve with the Ghana Construction Awards is to celebrate and reward hard work, exceptional leadership and innovation in the industry. We are bringing together clients, stakeholders, investors, industry players and experts to network and celebrate in a relaxed atmosphere,” added Mr Naphtal.

The Ghana Construction Awards will also provide the platform for stakeholders to advocate for the industrialization of the country by way of investments in the area of civil engineering, building construction, industrial construction and residential construction.

As part of the official announcement, organizers unveiled the various categories for the 2nd edition of the Ghana Construction Awards. This included new categories that reflect a better representation of the industry.

Commenting on this, Mr Akin indicated that the new award categories were admitted after careful research based on market intelligence and submissions by industry experts. According to him, the award categories are not exhaustive but capture major segments of the industry.

“We had to include new categories as it became necessary to have more representation and participation. Our research team have been working on categories since the last edition and we are convinced this updated categories list captures every area of the industry,” he said.