Audio By Carbonatix
Government has secured another housing deal to replace the botched STX initiative.
This time a wholly owned Ghanaian company Italconstruct International has been selected to build a little over 4,000 housing units for public servants.
Minister for Works and Housing E T. Mensah laid the agreement before Parliament today for the approval of a sum of 200 million US dollars for the project.
He said this arrangement is different from the earlier deals with STX and the Guma group of South Africa.
“What we have done since we parted ways with STX is to receive various applications.
“We have a special committee of technical people who goes into it,” he said
He said the committee also looks into the financing arrangement of the company with thorough due diligence done on the company.
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
-
Jospong Group CEO, wife support over 5,000 Ghanaians with food, cash on New Year’s Day
16 minutes -
Life begins at 40: A reflection on experience and leadership
52 minutes -
Maresca leaves Chelsea after turbulent end to 2025
1 hour -
NPP still hurting after 2024 loss – Justin Kodua
1 hour -
Ghana declares war on illegal streaming of pay-TV content
1 hour -
Vice President leads 44th anniversary commemoration of 31st December Revolution
1 hour -
Valencia coach Fernando Martin dies in Indonesia boat accident
2 hours -
Nigeria AG’s intervention brings relief to River Park estate investors – JonahCapital
2 hours -
High number of youth behind bars is a national loss – Ashanti regional prisons commander
2 hours -
Nhyira Aboodoo shifts to monumental projects, injects GH₵270,000 into Ashanti orphanages
2 hours -
Police restores calm after swoop operation at Aboso
3 hours -
Through thick and thin in 2025: KGL Group makes national, global impact
3 hours -
Clean Air Fund sets 2026 targets, pushing gov’t toward funding, tougher laws and real health gains on air pollution
3 hours -
New Year begins with 15.92% water and 9.86% electricity tariff hikes
3 hours -
TUC, PURC call for calm amid power tariff concerns, assure public of stakeholder engagement
3 hours
