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Beijing Everyway sues government over Accra intelligent traffic management contract

Management of the Beijing Everyway Traffic and Lighting Technology Company Limited is seeking $55 million dollars in damages from the Ghana government at the London court of international arbitration. This follows the cancellation of the Accra intelligent traffic management project which was earlier awarded to the company. The company was contracted in 2018 to implement the project worth 100 million dollars after Parliament’s approval. Based on that, the Beijing Everyway said it submitted a $10 million Performance Security to the Ministry of Roads and Highways and shipped over 50 containers of goods to Ghana for the implementation of the project. But in November last year, the Bill was re-laid before Parliament but this time with a contract agreement which is between the Government of Ghana, represented by the Ministry of National Security, Huawei Technologies Company Limited and the China National Import and Export Corporation.

Judgement debt: Chinese company claims $55 million from Ghana

The Chinese company, Beijing Everyway, worked on the provision and installation of a traffic management system but the same contract was awarded to another Chinese-based company by the government of Ghana. In 2020, the company filed a suit against the Government of Ghana in the London court of international arbitration. The Chinese-based company is being represented by Zhong Lun Law Firm in Beijing. The lawyers believe that the claim against Ghana is the first against an African country by a mainland Chinese investor. Inusah Fuseini warns Former Roads and Highways Minister Inusah Fuseini cautioned against the payment of judgment debt by the Government of Ghana if Parliament re-endorses a traffic management project already ratified two years ago.

MP Cabinet Meeting Performance guarantee of construction agencies will be 2 percent less

MP Cabinet Meeting Performance guarantee of construction agencies will be 2 percent less
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