THE KWAME Nkrumah University of Science and Technology (KNUST) in Kumasi, has been described as one of the best tertiary institutions in Africa.
In this regard, investors from all over the world, especially Germany, have been urged to invest in key areas in the university and make huge profit in return.
Osei Assibey Antwi, the Kumasi Major, who made the call, said the population of the KNUST kept increasing, resulting in infrastructural problems, which needed attention.
According to him, the population of the KNUST has now hit over 50,000 and this sharp increase in students has led to shortage of accommodation and other challenges.
The KMA Chief Executive therefore stated any investor that would invest in the KNUST, especially in the hostel business, would accrue huge profits in a short time.
“Kumasi is peaceful and this is one of the reasons foreign students keep enrolling at the KNUST, which is by far one of the best universities on the African continent,” he said.
Speaking to a delegation of Members of Parliament (MP) from Germany, the Kumasi Mayor said lands for construction of accommodation facilities at KNUST are available.
He said authorities at the KNUST would readily enter into a partnership agreement with any foreign investor that wishes to solve the accommodation problems in the school.
Osei Assibey said Kumasi was peaceful with friendly people so the city is fertile for investment. The German delegation was in Kumasi to explore business opportunities.
