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Jan 28, 2011

Works starts on STX 30,000 housing units

H.E. President John Evans Atta Mills has cut sod for commencement of work on 30,000 housing units for security agencies as part of measures to provide decent accommodation for more than 70 percent of Ghanaians who cannot afford to buy or build their own houses.

 According to him, a total of 200,000 housing units will be built over a period of five years, which is estimated to create more than 600,000 direct jobs and more than 20,000 indirect employment opportunities countrywide.

 President Mills said during the sod-cutting ceremony at the Tesano Police Depot in Accra, that government is determined to ensure that local component featured heavily in the project to enable Ghanaian entrepreneurs to benefit directly from the project.

 He, however, warned the contractors against shoddy work, stressing, “we are not building houses just for the sake of building; we are building houses that will stand the test of time”.

 Mr. Alban Bagbin, the Minister of Water Resources, Works and Housing, on his part, described the occasion as a major achievement in the nation’s quest to  provide safe, decent and world-class living conditions for the people.

 Mr. Chung Jong Hwan, the Korean Minister of Land, Transport and Maritime Affairs, also lauded Ghana’s credentials as the most peaceful political part of Africa, hence the decision to invest in the country.

 The construction of the housing project is a public-private partnership between the Government of Ghana and STX Engineering and Construction Company of Korea involving $1.50 billion.

Source:  ISD