(CNN) -- Right now, it's nothing more than an empty plot of land, covered by just a few shrubs and the odd Neem tree. But within a few years, these grass plains just outside Accra, Ghana, could be transformed into a fertile breeding ground for world-class innovation. Earlier this month, Ghanaian president John Mahama launched Hope City, a $10 billion high-tech hub aiming to foster technological growth and attract major players in the global ICT industry to the West African country. The ambitious project is the brainchild of Ghanaian businessman Roland Agambire, head of local technology group RLG Communications. Smart and futuristic, the hub's sustainable facilities will include an assembly plant for various tech products, business offices, an IT university and a hospital, as well as housing and recreation spaces, including restaurants, theaters and sports centers.
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Hope City is a planned high-tech hub outside Accra, Ghana
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The technopolis will house 25,000 residents and create jobs for 50,000 people
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Construction is expected to begin by June and to be completed within three years
Agambire adds that the @placeholder project also has the support of the Ghanaian government, as it aims to create create thousands of jobs and help turn technology into one of the country's main economic drivers.
For Agambire, this is a project that will position @placeholder at the forefront of African technology.