Shangri-La to Build US$300m Iconic Green 5-Star Hotel in Ghana as Part of Mahama’s US$1bn Singapore Investment Deals

John Dramani Mahama speaking at a business forum in Singapore during his state visit

Singaporean hotel brand, Shangri-La has pledged to construct a US$300million green, ultra-modern, iconic 5-star hotel in Ghana. The facility will feature a grand mall for both local and international brands, alongside a state-of-the-art convention centre to position Ghana as the conference hub of West Africa.

Ghana’s Minister for Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa, revealed this in a Facebook post on Friday, August 29, 2025, after joining President John Mahama on a historic three-day state visit to Singapore.

President Mahama became the first Ghanaian Head of State to be officially invited on a State Visit by a Singaporean President.

Beyond its historic significance, the visit yielded major dividends, securing US$1billion worth of investment deals for Ghana.

Outlined under President Mahama’s Reset Agenda, the agreements include:

• OLAM Investment: US$200million for new projects, including a 43,000 metric ton pasta processing plant, poultry and aquaculture feed plants, with 4,000 jobs expected.

• Shangri-La Investment: US$300million for a 5-star hotel, mall, and convention centre.

• University of Ghana Hostel: A 10,000-capacity students’ hostel.

• Aviation Security: Enhanced security and scanners at Kotoka International Airport to meet global standards.

• Port Expansion: Cooperation to expand Tema Port and revive the Tema Dry Dock.

• Oil Infrastructure: Construction of a new jetty for oil ships.

• Road Durability: Partnership with Singapore’s Land Transport Authority to establish testing labs across Ghana.

• Financial Innovation: Collaboration between the central banks of Ghana and Singapore on a common Africa-Asia payment platform.

• TVET Development: Establishment of a model Accra Institute of Technology in partnership with Singapore Institute of Technology (SIT).

• Carbon Credit Projects: Execution of bilateral climate agreements.

Additionally, Ghana and Singapore signed an MoU for regular high-level political consultations, agreed to finalize a Bilateral Investment Treaty (BIT), and secured capacity-building cooperation for forensic investigators.

As part of Ghana’s Public Service Reset Initiative, the first batch of 18 Chief Directors from various ministries will travel to Singapore in September 2025 for a leadership and knowledge-sharing bootcamp.

President Mahama further announced plans to establish a Ghana Consulate in Singapore by 2026. Meanwhile, Singapore has already set up Enterprise Singapore in Accra to oversee its West African investment portfolio.

Singaporean President Tharman Shanmugaratnam lauded Mahama’s efforts, describing him as “a man on a mission, determined to see his country and its young population succeed.”

The rekindling of Ghana-Singapore relations, reminiscent of the friendship between Kwame Nkrumah and Lee Kuan Yew, is now being translated into bold investments, partnerships, and a shared vision for transformation.