The Works and Housing Minister, Mr. Samuel Atta-Akyea, has hinted of plans by government to give buildings in Nima and Maamobi some major facelift in their area.
Taking his turn at the Meet the Press series which is organised by the Information Ministry, the Minister said the redevelopment of the slum will give meaning and beauty to the President’s vision of Inner City and Zongo Development.
He said this “is collaborating with the Lands and Zongo Development Ministries to turn the approximately 1,039 acres of prime land into a world-class residential enclave.”
He explained that “the philosophy underlying the concept of replacing slum building with modern houses, on the same plots of land is to substantially improve the physical environment at virtually no additional infrastructural cost.”
The move is also intended to reduce government expenditure on infrastructure and services to developing areas, he added.
Mr Akyea said the value of the land to be developed will be determined by the Lands Commission on Market Value basis – fair and equitably.
“The size of the parcel of land to be developed by the investor for government will be determined and that for the investor also determined.
“The investor will be made to develop a number of flats or townhouses for the Government based on the market value of the land to be retained by him/her. The investor will be required to complete and hand over the houses to Government before his parcel of land is released to him,” he said.
As part of efforts to address the housing deficit, government is embarking on a housing programme aimed at facilitating the construction of 250,000 housing units yearly over the next eight years, through Public Private Partnership (PPP).