Home / GENERAL NEWS / Government To Sell Saglemi Housing Project To Private Developer

Government To Sell Saglemi Housing Project To Private Developer

Spread the love

Government has decided to wash its hands off the Saglemi housing project to allow a private developer to refurbish the housing units and sell to potential owners, according to the Ministry of Works and Housing.

Sector Minister, Francis Asenso Boakye revealed this at a meet the press session in Accra on Sunday, November 13, 2022.

He said government is exhausted and handicapped and can’t make further commitment to the Saglemi project.

On this basis, “we’re allowing for a private sector developer to take up the initiative to build and sell the housing units”, he said.

The Minister asserted that, “a committee will be commissioned to guide the process and ensure transparency in the bidding process”.

The Saglemi housing project was started in 2012 under the NDC government to build 5000 housing units.

This did not materialize due to alleged misappropriation of funds.

The minister noted that, the 1500 units built are currently inhabitable and an amount of about USD46 million is needed to provide water, electricity and storm drains.

“Government doesn’t intend to expend more on the completion of the project. Government has decided to sell the project” he stated.

According to him, the high court is looking into the issues of embezzlement and anyone found culpable for crime will be convicted.

It’s unclear what the terms and conditions will be between the government and the private developer and what the state stands to gain.

 

 

 

Thanks for reading from MyGhanaMedia.com as a news publishing website from Ghana.

 

 

 

 

Source:  Citinewsroom

 

Disclaimer: MyGhanaMedia.com is not responsible for this report and its content.
There are four types of content published on   MyGhanaMedia.com daily: curated content; syndicated content; user-generated content; and original content.

 

 

Are You Suffering From Weak Erection, Low Libido, Premature Ejaculation Or Infections? – Get M-Plus No

 

 

 

  Maccun Plus (MPlus) is for men and women as a natural aphrodisiac with no side effects

Just contact the number below for M PLUS HONEY.

024-377-7896 / 0561193978

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Send your news stories to myghanamedia@gmail.com and Chat with us via WhatsApp on +233 200818719

 

 

 

About Adwenpa-Hene

we publish on Entertainment, Sports, Politics, Lifestyle, and Technology. You can also follow Us on : YouTube Channel - My Ghana Media TV, Facebook - MyghanaMedia TV , Twitter - @MyGhanamedia2 & Instagram - My Ghana Media TV. Email Address: myghanamedia@gmail.com Contact Us: 0200818719

Check Also

EC’s BVDs Not Missing But……. – Aseidu Nketiah Alleges

Spread the love The National Chairman of the opposition National Democratic Congress (NDC), Johnson Aseidu …