Prince Alwaleed Bin Talal inaugurated the $100 million Movenpick Ambassador Hotel in Accra, a joint venture between Kingdom Holding Company in which he is the chairman, and the government of Ghana. In a report carried by Ghana News Agency Tuesday, Alwaleed was quoted as saying that he “would endeavor to assist the government and Ghanaians to fulfil their aspirations in development.” He also commended the peace and stability in the country that made it a better destination for investment. Alwaleed said his investment in Ghana indicated his trust in Accra and the Ghanaian people and that the alliance he had forged with the country transcended investment, covering education, health and research fields. He expressed appreciation to the AMA for supporting the construction of his projects in Accra, committing to play a major role in Ghana's socio-economic development efforts. Alwaleed also paid a courtesy call on Accra Mayor Alfred Oko Vanderpuije Monday at the Accra Metropolitan Assembly (AMA), in which he was presented a symbolic key to the city. The mayor urged Alwaleed to continue his role as Accra's strategic development partner to uplift the metropolis to a Millennium City status. “We are indeed honored to have the Saudi Prince in Accra…..we recognize your commitments to the development of this city and we look forward to your involvement in the improvement of Accra. “We hope your visit would further strengthen the relations between your country and Ghana and foster more investment in and development of our city for our mutual benefit,” Vanderpuije said. The mayor further told Alwaleed that since the adoption of Accra as a Millennium city, steps were being made to enhance the livelihoods of the city's five million residents, particularly the improvement of transportation, road networks, educational infrastructure, as well as water and sanitation in the metropolis. He said the AMA was committed to investing in the betterment of Accra and sought interventions that would benefit the people in areas such as infrastructural and educational development, such as the Saudi prince, who are had demonstrated his zeal to contribute to Accra's modernization. AMA recognized the contributions that Alwaleed was making to the development of the world and to humanity, expressing hope that the Princes' renowned philanthropic spirit would be felt by Accra residents in the form of more investments to improve the look of the capital and invest in sectors that would hold benefit for the people.
