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Saturday, 03/29/2014 11:22:21 AM

Saturday, March 29, 2014 11:22:21 AM

Post# of 11574
From 10q in August:



New Business Developments in Ghana

As a result of the recent prioritization of Ministry Of Health Short and Medium-Long-Term Programmes of Work and Performance Targets and Agreements on Key Health Indicators from the Office of the President, on April 23 rd , 2013, the Minister Of Health of Ghana Hon. Sherry Ayittey wrote to the Minister of Finance of Ghana that the Ministry of Health had received, considered and approved an unsolicited Offer/Proposal from Kallo Inc. for the provision of Fixed Facilities with funding from the Export-Import (EXIM) Bank of the USA. She stated in the letter that this Project deliverables are in line with policy and strategy guidelines and do reflect the aspirations of the Ministry.

A Value for Money (VFM) assessment conducted by the Ministry Of Health on the Kallo Case Development and Deliverability has determined that the logic of the Project, for the level of investment involved is clear and supported by evidence. She further states that the anticipated project solution represents a best value for money option.


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Table of Contents

In the letter the Minister of Health has requested the Minister of Finance to negotiate and conclude the funding arrangement and the respective financing terms and conditions ahead of a joint submission to the Cabinet for consideration and approval.

The Ministry has identified project sites for this project as follows:


Polyclinic Urban-Urban
Polyclinic Rural Rural
Total
CHIPS CPD
Greater Accra
3
1
4
0
Ashanti Region
2
1
3
0
Central Region
2
1
3
2
Northern Region
2
2
4
2
Upper East Region
1
2
3
2
Upper West Region
0
0
0
1
Western Region
2
3
5
0
Volta Region
1
1
2
2
Eastern Region
1
1
2
0
Brong-Ahafo Region
1
0
1
1

15
12
27
10

Our plan and focus during the next twelve months include both, selling our existing product as well as developing and possibly selling new products. Since changing to our current business, we have not generated any revenues.