Government considers private investors to complete Saglemi Housing project - Deputy Minister-designate

The Government is considering private sector participation towards the completion of the abandoned Saglemi Housing project, a deputy minister-designate for Works and Housing, Dr. Prince Hamidu Armah has said.

The deputy stated that the project must be finished because the state has already committed a huge sum of money to its construction.

Appearing before Parliament’s Appointments Committee for his vetting, Dr. Hamidu Armah said government has set up a technical committee to speed up the completion of the housing project.

“The state has already invested so much money into Saglemi, and I think that it is important that we bring the original intent of the project to fruition. I understand that the ministry has already constituted a technical working committee to look at private sector participation in offloading the project and to ensure that the project is completed for it to be used,” Dr. Armah said.

The Saglemi Housing project was initiated in 2012 under the erstwhile John Dramani Mahama government for the delivery of 5,000 housing units at a total cost of US$200 million under an Engineering-Procurement-Contracting (EPC) Agreement with Messrs Construtora OAS Ghana Limited.

According to the government, by the end of the stipulated project execution period in 2016, only 1,506 out of the planned 5,000 housing units had been initiated and approximately US$196 million representing 98% of total project funds had been expended.

NOQ

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