Government in partnership with Solin, a private company from Hungary, are constructing affordable houses for Ghanaians across the country with polystyrene concrete technology.
The Public-Private Partnership (PPP) mandates Solin to finance and build affordable housing units for Ghanaians which will subsequently be absorbed by Government to citizens on flexible and affordable terms.
Speaking at the official sod-cutting ceremony for the rapid housing technology in Accra on February 11, the Minister for Works and Housing, Samuel Atta Akyea, said the objective is to ultimately construct 10,000 housing units for Ghanaians.
He explained the project aimed to bridge the housing gap among Ghanaians will provide a fast and cost-effective affordable house.
“We cannot have a sane society if people do not have decent homes,” he said
Mr. Atta Akyea gave the firmest of assurances that there will be “no governmental bureaucracy” in the way of the project.
He said this affordable housing project could not have come at a better time when the country was faced with a housing deficit of 1.7 million units.
The Works and Housing Minister described the intervention of the Hungarian in addressing Ghana’s housing deficit, as a “miracle” of a sort.
In the wake of the intervention, Mr. Atta Akyea disclosed that the government will create a mortgage regime that will make it affordable for Ghanaians to own houses.
He, therefore, encouraged Ghanaians to lend their support to the success of the project, cautioning against any propagandist tendencies.
The intervention of Solin will pave way for many factories to be built across the country, which will feed the construction companies with the materials for the building, Mr. Atta Akyeahe stressed.
This, he said, dovetails into President Nana Addo Dankwa Akufo-Addo’s One District, One Factory (1D1F) project, aimed at providing employment for Ghanaians.
The minister commended the Hungarian government, Solin and Sino Africa Development Company for the initiative.
Solin is working together with Sino Africa Development Company Limited, a construction company, to undertake all civil works to meet the local construction standards and also transfer the technology to the local partner.
The Ambassador of Hungary to Ghana, András Szabó, also present at the event said the project could not have come to fruition without the support of the government of Ghana and Sino Africa Development Company Limited.
Solin, he said, has plans to establish a factory in Ghana to aid government’s 1D1F initiative to locally produce the materials needed for the construction of these rapid technology houses.
According to Mr. Szabó, when the factory is set up and the materials produced locally, the company will annually construct 2,000 housing units for Ghanaians.
Solin, is expected to provide the polystyrene concrete housing systems, to commence the construction of the houses.
Mr. Atta Akyea and Mr. Szabó commissioned a sample 3-bedroom housing unit constructed by Solin on the Spintex road in Accra.