Chinese company claims US$55m from Ghana for cancellation of traffic management contract
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The Chinese company, Beijing Everyway, worked on the provision and installation of a traffic management system but the same contract was awarded to another Chinese-based company by the government of Ghana. In 2020, the company filed a suit against the Government of Ghana in the London court of international arbitration. The Chinese-based company is being represented by Zhong Lun Law Firm in Beijing. The lawyers believe that the claim against Ghana is the first against an African country by a mainland Chinese investor. Inusah Fuseini warns Former Roads and Highways Minister Inusah Fuseini cautioned against the payment of judgment debt by the Government of Ghana if Parliament re-endorses a traffic management project already ratified two years ago.