Ghanaian project company wins US$235 million ICC award over Teshie desalination plant

A Ghanaian project company has won a US$235 million award in an International Chamber of Commerce arbitration involving the Teshie Desalination Plant, according to the Daily Graphic.

The case concerns contractual and project-related issues surrounding the desalination facility in Accra. The award adds to ongoing discussion about infrastructure contracts, public finance and water supply projects in Ghana.

Further details of the arbitration decision and its financial implications are expected to shape the next stage of the dispute.

Source: Daily Graphic.