OTUMFUO Osei Tutu II, Asantehene in a handshake with Mr Samuel Freduah Agyemang, CEO Safi Properties at the groundbreaking event at KNUST
The Overlord of Asanteman, Otumfuo Osei-Tutu II last Thursday broke grounds for the construction of a 4000 bed capacity hostel at the Kwame Nkrumah University of Science and Technology (KNUST).
The project which is being executed by one of Ghana’s finest construction firms, Safi Properties Limited will cost 70 million dollars after completion.
Safi Properties, according to the contract details will build, operate and transfer (BOT) the facility to the school authorities after 30 years time by which its investments would have been recouped.
In his succinct comments the King said the construction of the nine storey facility will help ease accommodation challenges at the university.
‘’I am happy that Fredua Agyeman and his team are building this facility for us and I know this will surely help ease the accommodation challenge being faced by KNUST students on campus’’, the Asante King posited.
CHIEF EXECUTIVE:
Speaking to the Ghanaian Observer Newspaper after the brief ceremony, Mr Samuel Freduah Agyemang, Chief Executive Officer for Safi Properties Limited expressed delight at the opportunity to be of service to Asanteman and KNUST in particular.
The 4,000 bed hostel facility, he noted will help serve the many students who prior to the upcoming construction were having accommodation difficulties on campus.
Mr Agyemang, beaming with smiles reiterated the commitment of his outfit to finishing the project in eight (8) months.
‘’I am very confident that we will finish the construction in eight months time so that students on campus would have opportunity to have a place to sleep’’, Mr Agyemang passionately stressed.
BOARD CHAIRMAN:
Interacting with the media at the event, Reverend Divine Adjei, Board Chairman for Safi Properties expressed appreciation to the Asantehene for the show of support for the project.
He also commended the Vice-Chancellor of KNUST, Prof Obiri Danso for his sense of commitment to ensuring the project comes on stream.
Rev Adjei noted that students’ accommodation is vital to academic success, adding that only students who have sound mind from the places they sleep could perform better in class.
The Board Chair also revealed that Safi Properties would be executing a number of projects to help with the facelift of KNUST after the construction of the 9-storey hostel project.
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