Government to address media on ‘dead’ STX Project

Mr Enoch Teye Mensah, Minister of Water Resources, Works and Housing will address the media on activities of the Sector Ministry, in Accra on Wednesday, April 11.

A statement issued in Accra on Tuesday said Mr Mensah would address issues on the STX Housing Project and other related housing projects.

President John Evans Atta Mills cut the sod on Thursday, January 27, 2011 at the Police Training Depot at Tesano in Accra for commencement of the project.

It was for the construction of housing units across the country, starting with 30,000 units for the security services.

However, Vice President John Dramani Mahama told journalists in Accra on December 30, 2011 that the Government was going to terminate the $10 billion deal with STX Korea due to boardroom wrangling between the Ghanaian company and its Korean counterpart as it was stalling the project.

“The way things are going, I don’t see how that project will go on. The wrangling is getting worse rather than getting better, so I don’t see how that project will go forward,’ Vice President Mahama said.

Source: GNA