Audio By Carbonatix
The Deputy Minister of Water Resource, Works and Housing, Dr. Mustapha Ahmed, says the Ghana Real Estate Developers Association (GREDA) cannot take over the failed STX deal, as is being speculated in the media.
He says the embattled STX housing company whose boardroom wrangling has stalled the government’s affordable housing project, still has a contract with the government of Ghana. Therefore any company that has interest in that bid must first broker a deal with them.
Speaking in an interview with Adom News, the Member of Parliament for Ayawaso East constituency who is currently seeking re-election explains that there are other projects that GREDA can put in proposals to execute under the government's affordable housing projects.
He said currently the country has one million and five hundred thousand housing deficits that any real estate developer in Ghana can take advantage of.
Meanwhile, the Deputy Minister revealed that there are other estate companies such as AGU Resources which are putting up over ten thousand houses under the government's affordable housing project at Nsakina near Amasaman in the Greater Accra Region.
According to him, the operation of land guard’s activities in the area is frustrating the progress of the work on the project.
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
-
AI, better data drive down fintech non-performing loans – Owuraku Asare
4 minutes -
200 Years After Katamanso: Ghana commemorates the battle that changed the nation’s history
7 minutes -
MTN Ghana Foundation’s maternity block records 25,000 antenatal visits, over 6,000 deliveries in two years
7 minutes -
Ghana Sports Fund to end emergency fundraising with sustainable sports financing model
12 minutes -
Challenging Heights rescues 144 trafficking victims, urges probe into alleged baby-selling syndicate
18 minutes -
Residents of 4 Bekwai communities protest alleged harmful quarry operations
21 minutes -
Transport operators suspend proposed 30% fare hike pending next fuel pricing window
22 minutes -
Fake nurse and disease control officer at KATH convicted and fined GH₵ 12,000 each
28 minutes -
Styrofoam not biodegradable, poses serious health risks – EPA CEO warns
28 minutes -
Ghana’s building cost inflation edges up to 3.1% despite falling monthly prices
36 minutes -
Africa’s AI gap isn’t talent; it’s the door
48 minutes -
Convenience of using Styrofoam comes at a high environmental cost – EPA Boss
49 minutes -
NUGS demands probe into police assault on Techiman Krobo nursing students
51 minutes -
Bond market: Turnover increased by 177% to GH¢5.01bn
55 minutes -
Glasgow 2026: Â Abeku Jackson storms into butterfly semis, Unilez bows out
58 minutes