Minister for Works and Housing, Mr. Francis Asenso Boakye has revealed that the government has decided to sell the Saglemi Housing project to a private investor.
He explained that the move is to allow the private developer to refurbish the housing units and sell to potential owners.
He disclosed this at a meet the press session in Accra on Sunday, November 13, 2022.
According to the Minister, the government could no longer make any commitment to the Saglemi project since it is exhausted and handicapped.
He “we’re allowing for a private sector developer to take up the initiative to build and sell the housing units”.
He said “a committee will be commissioned to guide the process and ensure transparency in the bidding process”.
He further disclosed 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 added.
By: Rainbowradioonline.com/Ghana
