Authorities of the Kwame Nkrumah University of Science and Technology (KNUST) have inaugurated a GH¢ 700,000 parade ground to provide space and stands for social and religious programmes.
The facility with seats to facilitate student group discussions and social interaction was christened Royal Parade Grounds.
Addressing a cross-section of the public who attended the programme, the outgoing Vice-Chancellor of KNUST, Professor Kwasi Kwafo Adarkwa, announced that the ground, which was equipped with wireless internet facility for research, also accommodated ATM machines for various financial institutions.
He mentioned the Ghana Commercial Bank, Standard Chartered Bank, Home Finance Company, ECOBANK, Agricultural Development Bank, Union Bank for Africa (UBA), Cal Bank, among others, as the financial institutions permitted to operate in the area.
He said the university’s authorities were also considering granting permission to other financial institutions which had applied to operate ATM services on campus.
Prof. Adarkwa said as part of the measures to provide efficient service to the university community and its environs, a stand-by generator had been acquired to provide power anytime there was power outage.
He explained that regular power supply would not only enhance effective business transaction but would also improve security for residents who patronise the facility during the night.
He announced that a set of guidelines had been developed by the office of the Deputy Registrar-General, Administration, for compliance by those who would patronise the facility, including students and staff.
The guidelines, he explained, stipulated the procedure of hiring the facility, usage, fees and charges, as well as the management of revenue that accrued from the usage of the facility.
He commended all stakeholders whose contributions made it possible for the project to be completed on schedule, and urged the community to collaborate to maintain it adequately to enable it to be of benefit to them.
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