West Africa is undergoing a transformation—and Ghana is at the forefront. As one of the most politically stable and economically progressive nations in the region, Ghana’s booming tertiary education sector is in urgent need of infrastructure investment. The opportunity? A scalable, high-yield real estate project focused on building hostel accommodation for university students across ten campuses nationwide.
The Challenge: A Student Housing Crisis
Ghana has 70 universities (20 public, 50 private), yet most can only accommodate 10% to 30% of their student populations on campus. The result? An overwhelming demand for off-campus housing—often expensive, insecure, and inconvenient. In 2019 alone, over 9,000 newly admitted students at the University of Ghana in Accra were left stranded, unable to secure housing.
Safety is also a growing concern, with students frequently exposed to risks such as armed robbery while commuting from distant hostels. Yet despite this urgent need, universities lack the capital to build their own accommodation—opening the door for private sector partnerships.
The Solution: Build-Operate-Transfer Model
In collaboration with major public and private universities, this project offers investors a Build-Operate-Transfer (BOT) model. Investors fund, construct, and manage hostel facilities on university land for a minimum of 30 years, after which ownership is transferred back to the institution.
Ten campuses are currently in the pipeline, including:
- Kwame Nkrumah University of Science and Technology (KNUST) – $75M approved
- University of Cape Coast – $75M pending
- Christian Service University College – $200M approved
- And seven more across Ghana, totaling 47,000 units and $430M in projected costs
Financials at a Glance
- Total Projected Revenue (per 2,000-bed unit annually): $1.8M+
- Construction Cost per Facility: $15M
- Payback Period: 5 to 7 years
- Debt Coverage Ratio: 65%
- Operating Ratio: 17%
- Full LTV (Loan-to-Value): 100%
Why Invest?
- High Demand, Guaranteed Occupancy: Student numbers are rising annually with no sign of slowing down.
- University-Backed Partnership: Legal agreements ensure land lease, long-term operating rights, and structured handover.
- Scalable Across 10 Campuses: Diversified risk and the ability to replicate success.
- Strong ROI: Conservative estimates show returns starting within the first year of operation.
Ready to Break Ground
With regulatory clearance already secured and universities prepared to break ground, construction is scheduled to commence in January 2024. The project is spearheaded by Mr. Frank Boateng, CEO of Biz Doye Group, a registered Ghanaian company.
Invest Offshore is excited to present this real estate opportunity to our global investor network. With land-secured partnerships and a pressing market need, this project offers both impact and income.
For detailed financials and partnership inquiries, contact:
📧 bizdoyengroup@yahoo.com | 📞 +233 243 883 165
Invest Offshore has investment opportunities in West Africa seeking investors for the Copperbelt Region. Interested parties are encouraged to reach out for tailored advisory on entry strategies.
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