Africa-Press – Ghana. The government has announced plans to partner with private developers and banks to build cheaper high-rise buildings in Accra and Kumasi for residential purposes.
The Finance Minister Dr Mohammed Amin Adam who announced this in the Mid-year budget presentation in Parliament on Tuesday, July 23 said this is to ease the burden of long commutes and mounting stress placed on the people due to the lack of decent and conveniently located housing.
“Government in partnership with private developers and the Banks is looking at building high-rise, reasonably priced accommodations within the cities of Accra and Kumasi,” he stressed.
In the coming weeks, Dr Amin Adam said the Minister for Works and Housing Kojo Oppong Nkrumah will present the full housing reform package with the Private sector at its core.
“Mr. Speaker, Government during the first half of the year continued to implement the National Rental Assistance Scheme, which has benefited 2,074 individuals to date.
“Mr. Speaker, under the National Flood Control Programme, over 1,000 kilometers of drains have been newly constructed, rechanneled, and maintained nationwide to reduce the impact of the perennial devastating floods.
“In addition, preparatory activities towards the construction of houses for households affected by the controlled spillage of the Akosombo Dam were completed following extensive engagement with stakeholders” he said.
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