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Business News of Tuesday, 5 April 2005

Source: GNA

Hilton to build four-star hotel in Accra

Accra, April 5, GNA - Government in collaboration with a UK-based company is to establish a four-star hotel at the cost of 45 million dollars in Accra.

International Structures Group (ISG) Limited, a joint venture company with the government of Ghana, is to build the Hilton Hotel, around the Race Course, near the International Conference Centre. It would comprise 285 rooms, six presidential suites, and restaurants/bars with extensive leisure facilities.

The hotel would be managed by Hilton International and is expected to generate employment and training opportunities for over 400 Ghanaians, Mr Harry B. Sintim-Aboagye, local representative for ISG, announced this when the group paid a courtesy call on Nii Nortey Owuo III, Chief of Osu.

He said work had already started on the site. The call was aimed at fostering ties with the traditional authorities to ensure that the Company operated in a peaceful environment.

He said it was expected that the Hotel would be completed on schedule to host visitors during the celebration of Ghana's 50th Independence Anniversary and the African Union Summit in 2007 as well as the African Cup of nations, which Ghana would host.

Mr Sintim-Aboagye said the hotel would bring much regeneration to the centre of Accra and also boost international tourism with the Hilton as its landmark.

Nii Owuo III was full of praise that the project was situated within his jurisdiction.

He noted that petty squabbles and wrangling among the traditional heads over the years had stifled development in the Osu community. "The project opens up for numerous opportunities that Osu intends to take advantage of, particularly in the area of training and skills development, jobs and investment opportunities among other things."