SUBSIDIARY NAME
TAIN WATER PROJECT
COUNTRY
GHANA
SECTOR/ INDUSTRY
REAL ESTATE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
April 26, 2022
ACQUISITION VALUATION
500 MILLION
TOTAL ASSET VALUATION
5 BILLION
REAL ESTATE
TAIN WATER PROJECT by TAIN WATER GHANA LIMITED acquired on April 26, 2022 for water and sanitation project. The project will consist of:
- Construction of a Weir Dam on the Black Volta River at New Longoro, Bamboi, downstream of the Bui Hydro Electric Power Dam in Ghana
- Water sourced will be piped and transmitted to Sekondi-Takoradi through Bamboi Wenchi –Sunyani-Kumasi-Cape Coast and Sekondi-Takoradi, about 600km route.
- Water Treatment Plants and boosters shall be provided along the transmitting Pipeline to treat water and sell to Ghana Water Company for local distribution and also bottled for export.
- Part of the raw water will be used for irrigation and livestock farms sited on acquired lands along the Pipeline
- Road will be constructed on the side of the pipeline to protect and maintain the pipeline
- Gas Powered Electricity Generating Plant shall be constructed to service the system to avoid reliance on the National electricity grid.