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
-
Africa Nations Volleyball Championship: Ghana set up quarterfinal clash with Cameroon after beating Chad
15 minutes -
Meet Dr Benjamin Appiah Osei — Ghana’s three-time tourism awards winner
44 minutes -
UEFA & CONCACAF demand Fifa pays $10m to all 211 members
45 minutes -
Inter fight back again to snatch draw at leaders Roma
49 minutes -
Suzuki proves worthy replacement for Martinez at Villa
54 minutes -
Brighton humbling ‘a big lesson’ for Arsenal – Arteta
58 minutes -
Arsenal handed first loss by brilliant Brighton
1 hour -
Video: Akwatia MP ‘clashes’ with Kofi Bentil over 3.9-tonne cocaine seizure
1 hour -
Ratcliffe ‘must go’ says Man Utd Muslim fan group
1 hour -
Ignite Social Enterprise targets global market for locally manufactured Ghanaian products
1 hour -
Eviction notice leaves retired, serving railway workers in Kumasi in limbo
2 hours -
Asiedu Nketia: Why I remain an unrepentant Nkrumahist
2 hours -
Kudus, Djiku return a boost to Black Stars – Agyemang-Badu
3 hours -
‘If the world, Africa honoured Nkrumah as the Millennium Man, why are we not doing same?’ – Asiedu Nketia
3 hours -
Yaw Preko backs renewed push to revive Colts football
3 hours