MINISTER TOURS STATE HOUSING FACILITIES IN ACCRA
The Honourable Minister of Works and Housing, Samuel Atta Akyea, has paid a working visit to State Housing Company Limited (SHC) and also inspected ongoing housing projects at North Kaneshie and Adenta in Accra being undertaken by the company.
Hon. Atta Akyea, who first met with Management and Staff of the company, commended them for their continued efforts at providing housing facilities for the good people of Ghana and urged the staff to work hard in order to achieve the company’s mandate aimed at increasing the availability of dwelling houses in the country.
He disclosed that the North Kaneshie projects, which consists of 18 apartments of 2 and 3 bedrooms is being funded by the Company through its Internally Generated Funds (IGF) without subvention from government.
According to the Hon. Minister, most of the housing deliveries the Ministry was undertaking with the SHC were intended to help low and middle income population but it could only be beneficial to them if there is a credible mortgage system to support the beneficiaries.
He said in order to support workers to own such houses, the Ministries of Works and Housing and Finance are putting up a mortgage arrangement which is going to use the pension fund to offer middle-to-low income earners the opportunity to own houses.
On the issue of litigation on the Adenta Little London project which has stalled the progress of works for about four years, Hon. Atta Akyea assured Management that the Ministry was ready to work with SHC lawyers to address the court case.
“The litigation has gone on for years and that’s very counter-productive. We will see what we can do to ensure that people do not use litigation to stall development because it doesn’t help matters”, he stated.
On his part, the Managing Director of SHC, Mr. Kwabena Ampofo Appiah, indicated that the company had embarked on an aggressive drive to retool in order to become more viable to deliver on its mandate effectively.
He said over the years, SHC outsourced all of its housing projects to contractors and that has contributed to the company not meeting expectations. However, the company has now been retooled to enable it construct houses on its own.
The Managing Director explained that costing of the two, three and four-bedroom bungalows under construction would be done upon completion since it would depend on how much would be invested in the full construction.