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The third phase of the Initiative started in April 2016. The total amount of the Ghana Skills Development Initiative III is EUR 10.769 Million, of which the EU contribution is EUR 7 Million. The German Contribution is part of a wider Programme for Sustainable Economic Development (PSED), financed so far with EUR 11.1 Million by the German Federal Ministry for Economic Cooperation and Development.
The ceremony was attended by H. E Christoph Retzlaff, the Ambassador of the Federal Republic of Germany to Ghana, H.E. William Hanna, the Ambassador of the European Union to Ghana, Dr. Fred Asamoah, the Executive Director of COTVET, Alan Walsch, the Country Director of GIZ, and other GSDI partners