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Ghana is a serious place to do business – President of Dubai-based conglomerate

The founder President of the Dubai-based global conglomerate, the Thumbay Group, has lauded the government’s approach to the establishment and growth of private sector businesses.
Dr Thumbay Moideen said, “Ghana is a serious country to do business and we are happy to be here.”
He was speaking at the signing of a Memorandum of Understanding for the establishment of a Thumbay Teaching Hospital and a medical university to be known as the Gulf Medical University (GMU) in Ghana.
“From the research done by our team in Africa – we have been to almost all countries – Ghana is the best place to do business” he indicated.
The signing of the MoU comes three months after the Vice President of the Republic, Dr Mahamudu Bawumia, paid a working visit to the campus and facilities of the Thumbay Group and the Gulf Medical University at Ajman, United Arab Emirates at the invitation of the authorities.
Dr Thumbay Moideen said the Thumbay Group had explored the possibility of setting up such a facility in several African countries including Nigeria, Egypt, Ghana, South Africa, Tanzania, Mozambique, Cameroun, and Kenya but failed due to a number of factors.

“But Ghana is a serious place to do business and we are happy to be here. We pledge to fulfil our part of this agreement to ensure the University and Hospital are built to benefit both Ghana and the Thumbay Group” he stated.
The Group is expected to collaborate with the Education and Health Ministries to build and establish the Ghana campus of the Gulf Medical University and the Thumbay Teaching Hospital in the Greater Accra Region, in phases over a period of 5 to 8 years, at an estimated cost of $600 million.
The proposed university would offer Vocational, Diploma, Undergraduate, Post Graduate, and Doctoral programmes in Medical Sciences, Allied Health Sciences among other disciplines to Ghanaian and International students.
It is expected to employ about 3000 Ghanaians in addition to attracting a student population of over 3000 from around 80 countries. It would also provide opportunities for local hospitals through cross-referrals and partnerships.
It is expected to sited on a 25-acre plot of land provided by the Government of Ghana.
Education Minister, Mathew Opoku Prempeh and Health Minister, Kwaku Agyemang Manu, signed on behalf of government while Mr  Moideen, initialled for Thumbay Group at a brief ceremony at the Flagstaff House on Friday.
Also present at the ceremony were the Aviation Minister, Cecilia Abena Dapaah and Ghana’s Consul-General to the United Arab Emirates, Samata Gifty Bukari.
The Vice President lauded the Thumbay Group for its decision to set up the medical university and the hospital in Ghana.
He said it fits into President Nana Akufo-Addo’s vision to provide first class health care to Ghanaians while providing enhanced training to medical personnel.

“We are very happy with the proposed establishment of this medical university, as well as the Thumbay Hospital, as it will help to train more doctors and allied medical personnel and fill in a gap in our healthcare delivery.
“It is also a demonstration of confidence in Ghana, and we encourage other companies and organisations to take advantage of the enabling environment Government is providing to put down roots and set up business in Ghana” the Vice President added.
The Thumbay Group is a UAE- based diversified international business conglomerate, headquartered in Dubai.
It has operations across 20 sectors including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Opticals, Wellness,
Nutrition Stores, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing & Distribution. 


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