Unibank, GIMPA inaugurates two-storey building

Accra, July 10, GNA – Management of unibank in partnership with the Ghana Institute of Management and Public Administration (GIMPA) has inaugurated a two-storey building to house the bank and other administrative offices of the institute.   The building was constructed at a cost of GH¢ 928,000 out of which the bank contributed 70 per cent with the remaining 30 per cent been provided by the institute.   Dr Christine Amoako-Nuama, Chairman of the Governing Council of GIMPA, speaking at the ceremony in Accra on Tuesday, said it was possible by a public-private partnership agreement that has transformed an existing facility to benefit the two institutions.   She said “public-private partnership as we are witnessing, is an innovative way of financing education that must be fully explored.”   Dr Amoako-Nuama noted that Government alone could not fund education, so it was imperative that managers looked for alternative financing mechanisms such as this to help push their infrastructural development.   She urged management of GIMPA to pursue this strategy to attract the private sector operators and encouraged other public institutions to benchmark this in their establishment.   “GIMPA and unibank have shown that public-private partnership in Ghana is possible,” she added   Mr Opoku-Gyamfi Boateng, Chairman of the Board of Directors, unibank, said the collaboration between the two institutions has since moved beyond the pursuit of individual agenda to pooling of resources and energies for development.   He said the bank would continue to support the institute in their financing needs as they have started with the GIMPA laws school project.   “The bank will continue with the vision and identify similar opportunities with other institutions and businesses to enable them move their dreams beyond the drawing board,” Opoku-Gyamfi said.   Professor Yaw Agyeman Badu, Rector of GIMPA, said the building addresses the infrastructural needs of the institute while allowing the bank the opportunity to offer expanded quality service to staff and students.   He said as part of agreement, the bank would use the ground floor of the building for its operations and the remaining floors for administrative purposes of the institute. The structure was inaugurated as part of GIMPA’s 50th and unibank’s 10th Anniversaries.   GNA... Read Full Story