Friday, December 27, 2013

Vice President Makes Case For GREDA To Take Part In Affordable Housing Project

From Edmund Mingle, Kpone.
The Vice President Kwesi Amissah-Arthur on Tuesday made a case for the Ghana Real Estate Developers Association (GREDA) as he directed the Ministry of Water Resources, Works and Housing to actively involve the association in the execution of government’s ongoing affordable housing projects.
Vice President Amissah-Arhur( second right, front roll) with
Alhaji Collins Dauda( in smock) and Joe Abbey (third right)
during the tour of the affordable housing sites
He believed that the participation of the GREDA would help to effectively complete the affordable housing projects across the country.
Vice President Amissah-Arthur, who gave the directive during an inspection tour of the affordable housing project site at Kpone near Tema on Tuesday, said it was important that the required resources were mobilized to complete the project for the benefit of Ghanaians.
When the modalities for the association’s participation are finalized, GREDA, which has continuously questioned its non-involvement in the project as a group, would join institutions such as the Tema Development Corporation (TDC) and the State Housing Company (SHC) to complete the hundreds of blocks of housing unit at Kpone and Borteyman.
Construction works at the Kpone, Borteyman, Wa, Tamale, Asokori Mampong and Koforidua sites have stalled for a number of years due to financial and logistical problems.
But the Vice President indicated that resources need to be found to complete the projects, which are more than 60 per cent completed, since such huge investment could not be left to go waste.
Vice President Amissah-Arthur in a chat with IGP, Mohammed
Alhassan and National Security Coordinator, Lt. Col. Gbevlo Lartey
“We are determined to have these blocks completed,” he said.
The Vice President, who also toured the Borteyman project site, urged the sector Ministry to develop innovative means to get resources for the completion works.
In that regard, he lauded the Ministry for involving the TDC and the SHC for complete some of the blocks.
 The TDC has been allocated 24 blocks consisting of 314 units out of the total of 1,546 units at Kpone to complete.
According to the Alhaji Collins Dauda, Minister of Water Resources, Works and Housing, more blocks would be allocated to the TDC depending on its performance on the 24 blocks.
He said five blocks made up of 72 units, which were allocated to the Military have been completed, adding that arrangements were underway to allocate some to the Police and other security agencies who have the resources to complete the allocated blocks.
 He explained that the Ministry was making arrangements with the banks for a mortgage facility to help public sector workers who would be allocated the houses to repay.
This will ensure that those who finance the project recoup their funds,” he said.
He assured GREDA of the Ministry’s cooperation, and indication that the Ministry was prepared to involve investors who have the funds to support the completion of the projects.
Kwakye Dopoah Dei, President of GREDA, who was part of the tour, thanked the Vice President for the intervention, and promised that its members would do their best to deliver.
Joe Abbey, Managing Director of TDC, thanked the Housing Ministry for the cooperation, and gave the assurance that their 24 blocks would be fully completed within six months.
Those who joined the Vice President for the tour included the Inspector General of Police Mohammed Alhassan and Greater Accra Regional Minister, Julius Debrah.
END



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