Audio By Carbonatix
The Minister for Water Resources, Works and Housing, Alban Bagbin, has stated emphatically that the controversial STX affordable housing project will certainly be executed at all cost.
The initial project to construct 30,000 housing units at the cost of 1.5 billion dollars for the security services has been dogged with numerous controversies involving the Korean and Ghanaian partners, thus disrupting all laid down plans for its smooth execution.
Almost a year after the deal was signed and ground breaking ceremony held, a single block is yet to be laid to provide accommodation for the security services.
Critiques of the project feel vindicated by the developments, after numerous calls on the government not to go ahead with the deal, which they claimed does not give the country value for money, had failed.
But the sector Minister is unmoved by the current courtroom wrangling involving the partners, insisting that the project is not dead as being perceived.
Alban Bagbin told journalists at a press conference on Thursday, that the government would do everything to ensure that the STX project becomes a reality.
“Consistent with this can-do mindset, the government of Ghana remains committed to the need for improved provision of adequate and accessible housing for our people. And we will do everything to make sure that that small component of the STX housing project becomes a reality.”
He admitted, later in an interview with Joy News’ Seth Kwame Boateng, that the partners have “some differences”, which he said have prevented the remittance of funds to commence the project.
Nevertheless, the Minister seems to find solace in what he calls the "East-Asian mindset" to overcome challenges confronting the STX housing project.
He also said a mediation committee constituted by the president, and chaired by him, has concluded its works on the partners, whom, he observed, “disagree on many, many issues.”
He was hopeful everything would fall in place to ensure a smooth take-off of the housing project.
But Kofi Bentil, a research fellow at IMANI Ghana, who has closely monitored the STX housing deal even before it was laid before parliament, is unimpressed by the Minister’s “metaphorical” East-Asian mindset.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Sea breaks into Volta River around Fuveme; NADMO warns of flooding
1 minute -
FA probes alleged discriminatory remark to referee
5 hours -
Real Sociedad win Copa del Rey with shootout win over Atletico Madrid
5 hours -
Spurs condemn ‘vile’ racist abuse aimed at Kevin Danso
5 hours -
Joy for Liverpool fans but huge summer ahead for Slot
5 hours -
Record-breaking Bayern win Bundesliga – now for the Treble
5 hours -
Ampem Darkoa equal Hasaacas Ladies’ record after beating them in Women’s League final
5 hours -
Mugabe’s son pleads guilty to pointing a gun in South Africa
6 hours -
Millions listen to Ethiopian star’s song taking swipe at government
6 hours -
MTN Ghana engages media, partners at 2026 stakeholders forum in Accra.
6 hours -
T-bills auction: Government records undersubscription for 5th week running; interest rates continue to rise
7 hours -
Sub-Saharan Africa GDP growth to soften to 4.3% in 2026
7 hours -
Passenger arrivals decline 18.9% month-on-month to 110,087 in January 2026
7 hours -
Consumer spending records strong performance in January 2026, but construction sector activities declined – BoG
7 hours -
Number of advertised jobs falls in February 2026 – BoG
7 hours