The Minister for Food and Agriculture, Dr. Bryan Acheampong, has reiterated that the Rock City Hotel has more financial capabilities and the ability to acquire the SSNIT’s 60% hotel shares.
The MP’s assertions follow a ‘personality crucifixion’ motive by the Member of Parliament for North Tongu, Mr. Okudzeto Ablakwa’s claims regarding Rock City’s profits.
The hotels in question are Labadi Beach Hotel, La Palm Beach Hotel, Royal Ridge Hotel, and Busua Beach Hotel.
However, the Minister, during an interview with Channel One TV on Wednesday, June, 19, dispelled Mr. Ablakwa’s claims and stated that Rock City is standing on good financial grounds, and established the hotel’s strength in undertaking the SSNIT sales transaction.
“Rock City Hotel grows on the back of the investors. It grows on the back of the stakeholders and whatever we can leverage to grow…Look at the document that was presented to SSNIT. They have more than the capacity to enter into the transaction and more than the capacity to do so. Much more than the capacity.”
“I mean this is the company that currently has 1000 rooms here in Kwahu. 1000 rooms. And in two or three years, they will add another 2000 rooms. This is the biggest hotel in Africa,” he stated.
