There is the need for Ghana’s construction sector to receive more funding and technical training, CEO of Instinct Wave and Organizer of the maiden edition of Ghana Construction Awards, Akin Naphtal has said.

Speaking at the launch of the Ghana Construction Awards, Mr. Naphtal indicated it is crucial to boost the development of Ghana’s construction sector.

He said the lack of expertise and funding is to blame for the Ghanaian preference for foreign construction companies.

The awards ceremony which comes off on 27th November, 2015 at the Movenpick Grand Ambassador Hotel in Accra would honour companies and individuals for their accomplishments and strides in Ghana’s construction industry.

According to the Ghana National Commission for UNESCO, the construction and housing industry plays a significant role in the national developmental but the challenges facing the industry especially relating to private sector development, growth and sustainability of professionalism are still enormous.

There is therefore the need for a concerted effort to reward and celebrate industry players bracing the challenges and fostering new building developments across the length and breadth of the country.

“What we want to achieve with the Ghana Construction Awards is to celebrate and reward hard work, exceptional leadership and innovation in the industry. We are bringing together clients, stakeholders, investors, industry players and experts to network and celebrate in a relaxed atmosphere,” added Mr Naphtal.

The Ghana Construction Awards will also present the opportunity for stakeholders to advocate for the industrialization of the country by way of investments in the area of civil engineering, building construction, industrial construction and residential construction.

As part of the press launch, the organizers also unveiled the various categories for the maiden Ghana Construction Awards.

Commenting on this, Mr Akin indicated that the award categories were concluded after careful research based on market intelligence.

According to him, the award categories though not exhaustive of the industry, it cuts across major segments of the industry.

  CATEGORIES

1. Consultancy/Land Surveyor of the Year

2. Consultancy/Quantity Surveyor of the Year

3. Consultancy/Valuation &Estate Surveyor of the Year

4. Cement company of the year

5. Outstanding Project (Public Sector)

6. Outstanding Project (Private Sector)

7. Architectural Consultancy of the Year

8. Educational Facility Construction Award

9. Civil Project of the Year

10. Building Project of the Year

11. Health, Sanitation & Safety Excellence Award

12. Commercial High-Rise Development

13. Materials Distributor of the Year

14. Residential Development Award

15. Construction Equipment Supplier of the Year

16. Civil Engineering Consultancy of the Year

17. Electrical Engineering Consultancy of the Year

18. Mechanical Engineering Consultancy of the Year

19. Best Infrastructure Development Bank Award

20. Construction Company of the Year

21. Public Private Partnership of the Year

25. Block Manufacturing Company of the Year

22. Best Indigenous Contractor

23. Best Foreign Contractor

24. Concrete Producer of the Year

25. Block Manufacturing Company of the Year

26. Steel Company of the Year

SPECIAL RECOGNITION AWARDS

1. Construction CEO of the Year

2. Industry Personality of the year

3. Lifetime Achievement Award

4. Excellence Award for Women in Construction

5. Real Estate Entrepreneur of the Year

The Organizers also announced the launch of the first, ever, CFO Awards in Ghana.

GHANA CFO 2015 NOMINEES

CFO OF THE YEAR: BANKING

CFO OF THE YEAR: INSURANCE

CFO OF THE YEAR: FMCG

CFO OF THE YEAR: OIL & GAS

CFO OF THE YEAR: IT & TELECOM

CFO OF THE YEAR: CONSTRUCTION/REAL ESTATE

CFO OF THE YEAR INVESTMENT BANKING

WOMAN EXCELLENCE IN FINANCIAL SERVICES

AUDIT FIRM OF THE YEAR

INVESTMENT BANK OF THE YEAR

BEST FIRM IN FINANCIAL ADVISORY

BUSINESS BANK OF THE YEAR

PUBLIC SECTOR CFO OF THE YEAR AWARD

BEST BANK PROVIDER OF CASH MANAGEMENT SERVICES

FINANCE TEAM OF THE YEAR Call (For Entry)

INSURANCE COMPANY OF THE YEAR

FINANCIAL LAW FIRM OF THE YEAR AWARD

FINANCIAL TRAINING COMPANY OF THE YEAR

SPECIAL RECOGNITION FOR PROMOTING INVESTMENT TO GHANA

INDUSTRY PERSONALITY OF THE YEAR

LIFETIME ACHIEVEMENT AWARD

 

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