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
-
AFCON 2027Q: Alexander Djiku ruled out of Gambia game with injury
3 minutes -
AFCON 2027Q: The god of football is results – Carlos Queiroz
5 minutes -
Africa will not be forced to choose sides in global power rivalry – Ablakwa
9 minutes -
NPP demands review of GH¢2,650 cocoa price, questions statutory calculation
11 minutes -
AFCON 2027Q: ‘Better to stay home if you’re coming to complain about absent players’ – Carlos Queiroz
11 minutes -
First Deputy Minority Whip files private members’ motion for inquiry into Ghana-linked narcotics seizures
13 minutes -
KMA spearheads construction of new Kumasi Central Divisional Police Headquarters, seeks support for relocation
15 minutes -
Photos: GAF begins documentation and physical screening for 2026/27 enlistment
15 minutes -
Three arrested over alleged kidnapping and murder of 33-year-old in Accra
17 minutes -
Alan Kyerematen calls for end to political ‘duopoly’ ahead of 2028 election
17 minutes -
Wrestler Benjamin Satterley, known as Pac, dies aged 40
17 minutes -
AFCON 2027Q: There’s no problem with the Black Stars – Carlos Queiroz
23 minutes -
Ghana hotels see revenue per room fall by 19% between November 2024 and January 2025 – GSS
29 minutes -
Apple ordered to pay $5.7bn after losing vibration tech patent suit
31 minutes -
Hostels outperform hotels as accommodation demand shifts to lower-cost options – GSS
34 minutes