The New Patriotic Party is unimpressed with a government of Ghana deal that will see a Korean firm STX Group provide 200,000 units of houses at a cost of $10 billion.

Party Chairman, Jake Obetsebi-Lamptey told newsmen on Tuesday the deal is not in the interest of the country.

The party has thus asked Parliament not to approve the deal.

Touting the credentials of the Ghanaian estate developers, Mr. Obetsebi-Lamptey named the Sakumono and Dansoman estates as two of the largest estates in the African continent which were built by Ghanaians.

“We call upon President Mills to look within; the capability of Ghanaian real estate companies is without doubt.

“In recent times Ghanaians have built Ghanaian estates with the support of Ghanaian banks,” Jake Obetsebi Lamptey said.

The NPP is the next in line of a tall list of critics against the deal. Policy think tanks like IMANI Ghana and Danquah Institute, and other political parties have been vocal against the deal.

Mr Obetsebi-Lamptey called for the local estate developers to be empowered in order to undertake projects like this.

The NPP chairman in a subsequent interview with Joy News’ Stephen Anti said the “deal does not make sense.”

He said for a party which believes in property owning democracy, they will be the first to support any government policy that will reduce the housing deficit in the country but said the STX deal is not the way to go.

“Anything that makes sense about meeting the housing deficit in this country we will support it,” he said.

Story by Nathan Gadugah/