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Regional News of Friday, 21 March 2008

Source: GNA

GETFund to allocate GH¢8.3 million to UMaT this year

Tarkwa (W/R), March 21, GNA - University of Mines and Technology (UMaT), Tarkwa would be allocated GH¢8.3 million this year for its projects, Mr Fosuaba Mensah Banahene, Administrator of Ghana Education Trust Fund (GETFund) has announced. He made the announcement in an interview at Tarkwa when he inspected on-going projects at UMaT after an annual meeting of Board of Trustees of GETFund at Tarkwa.

The projects included a multi-purpose auditorium, campus roads, Vice-Chancellor's Lodge, Bungalows for lecturers and Students' Hostels. He said GETFund's financial allocations to the Universities were supplementary support to Central Government's funding and not solely to be used for undertaking all projects.

This he said calls for supports from corporate entities and other stakeholders to help fund Education in the country. Mr Banahene said his outfit was satisfied with the tremendous improvement in the on-going projects at the University, except of a few ones which needed to be put on fast track and commended the University Authorities for the judicious use of the funds allocated to them. Prof Daniel Mireku Gyimah, Vice-Chancellor, UMaT, acknowledged that UMaT was young and is been developed and as such needs massive infrastructure development to achieve its vision of becoming a centre of excellence in Ghana and Africa for producing world class professionals in the field of Geo-Sciences Mining, Technology and related disciplines.