The Bank of Ghana Governor, Dr. Johnson Asiama, has revealed that furnishing and furniture for the new headquarters will cost $11.1 million.
Addressing Parliament on Wednesday, March 5, 2025, Dr. Asiama noted that “the furnishing of the new BoG headquarters will cost $11 million.”
He added that beyond the core building, separate contracts were awarded for other infrastructure, and these include ICT systems and network infrastructure, which was awarded at a cost of $8.6 million; integrated systems, which was also awarded at a cost of $15.5 million.
Dr. Asiama stated that the total cost of the project was $261.8 million.
Dr. Asiama said as of February 2025, a total of approximately $230 million has been paid towards the project with an outstanding balance of $31.8 million to be paid to the contract.
He added that the cost later increased to $121.1 million after a reevaluation of the project.
“Mr. Speaker, the project was initially valued by the PPA at $81.8 million but later increased to $121.1 million after the Bank of Ghana requested a re-evaluation,” he said on the floor of the House.
The figure was further revised to $222.8 million after the redesign and inclusion of building management systems and subsequently to $261.8 million.
By: Rainbowradioonline.com/Ghana