Armech Africa Limited, a subsidiary of the Armech Group is to construct a $300 million state of the art downstream Waste management System in Tema.
The project will be pre-finance by the Armech Group via Industrial and Commercial Bank of China, a Chinese Multinational Bank and the world largest bank in total assets and equity partners without any Sovereign Guarantee from the Government of Ghana on the back of a Public Private Partnership signed with the Electricity Company of Ghana.
It will create over 1,500 direct and indirect jobs and will also increase access to green and renewable electricity and lower environmental hazards as well as exposure to harmful pollution.
The construction will be done by Energy China, one of the largest comprehensive solutions providers for the power sector and infrastructural project in China and the world.
This was revealed by Mr. Andrew Quainoo, the Director of Armech Africa, with a visiting delegation after a two-day working tour of some selected landfill sites within the Greater Accra Region as part of its programme leading up to the construction of project.
He said ARMECH Africa has since March, 2015 signed a waste Feedstock Agreement with the Ministry of Local Government and Rural Development together with six other Metropolitan and Municipal Assemblies in the Greater including Accra and Tema Metropolitan Assemblies, Ga South, Ga East, La-Dade Kotopon and Awutu Senya East Municipal Assemblies for which the Treatment Plant will be sited in Rena.
Mr. Quainoo said the city wide waste management system innovation will also significantly enhance environmental sustainability and improve public health and limits the need for landfill sites, whilst producing the scarce base load renewable energy.
He said, his Company, has the capacity to process the anticipated 3,000 metric tonnes of waste generated daily in the Accra Area to generate about 60 megawatts of clean energy derived from incinerating the MSW at Armech purpose built power plant in Kpone.
“This project will represent the first waste to energy project in the Economic Community of West African States and there are plans to develop a second plant in Kumasi in the Ashanti Region”.
The ARMECH Africa Director said an independent study conducted have identified the grave danger to the communities of Greater Accra face from toxic leachate, bio-degraded waste that contain parasites and diseases which seep from landfills into Accra water table and landfill gas curled fires burning continuously.
He said the spread of malaria, currently, the most common communicable disease as well as other leading communicable diseases in Accra were associated with poor environmental sanitation.
Mr Quainoo noted that this intervention by Armech will go a long way to address the 3.5 million malaria cases recorded every year, with 900,000 of these cases being recorded amongst children of less than five years of age.
He said Armech plans to invest in up to 15 specialized drains cleaning tricks worth over $1million and materials collected from the drains shall be ultimately transported to the plant as extra feed stock.
Mr Quainoo called on the Ministry of Sanitation and Water Resources which is now mandated to solve the sanitation menace in the country to expedite action on the way forward as it is currently reviewing the contract signed with the assemblies.
He appealed to them to focus on the critical intervention that ARMECH was bringing on board to save the lives, property and provide employment for Ghanaians.
The Armech Group partners with Banker Hughes, Swire, Qatar Petroleum, LAFARGE, ACCOR, EXXONMobil, Shell, Chevron, VEOLIA, bhpbilliton, Saudi Arabia Ministry of Defence and bp.