Audio By Carbonatix
Government has urged the Ghana Real Estate Developers Associations (GREDA) to oversee that housing is made affordable for every Ghanaian.
Deputy Minister for Works and Housing, Eugene Antwi said that one of the government’s goals is to solve housing issues and create jobs.
Mr Antwi emphasized that quality housing is equally important as affordable housing.
‘‘It is good to consider quality, but affordability is another factor specifically using new technologies to deliver the desires of the populace particularly the low-income group, the vulnerable and the excluded’’ he said.
The deputy minister disclosed that about 35,000 - 40,000 units of housing are produced yearly whereas the needed quantity is around 100,000 units.
He, therefore, challenged real estate developers to address the housing deficit which is estimated at 1.7 million units and expected to rise to two million by 2020.
‘‘It is estimated that over 50% of Ghanaians live in sub-standard houses. The government has therefore recognised the dream of every Ghanaian to own a home or at least have decent rental accommodation. I want to challenge the developers to embark on a crusade to confront the worsening deficit,’’ he added.
The Deputy Minister was speaking at GREDA’s annual breakfast meeting, which brought together stakeholders to dialogue on the housing crisis in Ghana.
Present at the meeting were representatives from the housing sector and the financial sector including HFC bank, Omni Bank, the World Bank Group among others.
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
-
Milo U13 Championship reaches quarter-final with thrilling match-ups
56 minutes -
From glut to growth – John Dumelo says value addition is the way forward
2 hours -
Feed Ghana, feed industry – Deputy Agric Minister Dumelo outlines new direction
2 hours -
Agric glut was political, not strategic – Chamber of Agribusiness Ghana boss warns of lost livelihoods
3 hours -
Food glut situation is no victory – Chamber for Agricbusiness Ghana CEO warns
3 hours -
Was Prince Harry referencing Trump in joke for Late Show sketch?
4 hours -
Arrest over fire petition stirs public debate in Hong Kong
4 hours -
Man who killed ex-Japan PM Shinzo Abe apologises to his family
4 hours -
Police recover $19k Fabergé egg swallowed by NZ man
4 hours -
Ireland among countries boycotting Eurovision after Israel allowed to compete
4 hours -
Grand jury declines to charge Letitia James after first case dismissed
4 hours -
Tanzanian activist blocked from Instagram after mobilising election protests
5 hours -
‘Not becoming of a president’: Somali-Americans respond to Trump’s ‘garbage’ remarks
5 hours -
More than 300 flights cancelled as Indian airline IndiGo faces ‘staff shortage’
5 hours -
Top UK scientist says research visa restrictions endanger economy
5 hours
