Gov’t to support private estate developers – Minister

Mr Sampson Ahi, Deputy Minister of Water Resources Works and Housing, has said government is ready to work in partnership with the private sector to address the current 1.7 million housing deficit in the country.

He said there is a huge housing deficit in the country and government alone cannot address it, but rather would have to partner the private sector developers so that they can meet the target.

“It is government’s duty to provide housing facilities for its citizens and support the individual actors in the industry to be able to achieve their objectives”.

Mr Ahi said this on Friday, when he inspected the Blue Rose Limited housing site at Budumburam.

He said government believes that working with private local estate developers would help tackle the housing deficit, lessen the burden of citizens as well as help grow the economy.

Mr Ahi pledged government’s support to partner the local actors in the industry saying government would look at the modalities and put some schemes in place.

He called on all Ghanaians to take advantage of the opportunity to own an accommodation at an affordable price and also support the local estate developers across the country as they seek to produce quality housing facilities.

Mr Eric Ebo Acquah, Managing Director of Blue Rose Limited, said the company aims at providing affordable housing to all Ghanaians and since its establishment seven years ago, it has been able to build 1,014 affordable houses.

He said the company currently is almost at the completion of the first phase of 2,000 houses, which includes 500 houses at Budumburam and was ready to expand the project to other parts of the country.

He appealed to government to deepen its work with local entrepreneurs, since they could boost the industry and ensure development.

Source: GNA