US$51m to complete abandoned infrastructure across the country
President Akufo-Addo says his government is working to complete abandoned infrastructure across the country.
He said a consortium of local banks has raised 51 million dollars to fund the completion of the social housing units started by the Kufuor administration in 2006 at Koforidua, Tamale and Ho.
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He added that, “The Saglemi Housing Project, started under the last NDC government, is also high on our list of priorities this year. The five thousand (5,000) units it offers would boost our housing numbers. We are, therefore, establishing the value for money issues surrounding the project in order to reconcile the number of houses built with the schedule of payments made, and accelerate delivery”.
President Akufo-Addo said this when he presented the 2019 State of the Nation Address in Parliament on Thursday, February 21, 2019.
“We have problems of numerous structures at various stages of completion that cannot be finished and brought to use because new structures are being started and there is no money to finish the ones started earlier. Again, this is a long standing problem that is a mark of our underdevelopment. We will not ignore or sweep the problem under the carpet and we are dealing with it and we will complete them,” he said.
He also said the 2019 budget made provision for the construction of two hundred thousand (200,000) housing units, and a database of local and foreign developers has been created to help make the policy a reality.
“Land banks have also been secured in several towns across Ghana where factories, producing pre-fabricated building materials, can be sited for this huge construction effort. There are many well-intentioned projects that ended up pricing out the low-income earners, who were supposed to be their beneficiaries. We are determined to learn the lessons from past projects. The Ministry of Finance is working to launch a one billion Ghana cedi housing fund that would target low-income earners”.
The president further stated that abandoned infrastructure in the health sector will also be worked on this year.
He said although there are difficulties in working on abandoned infrastructure as new ones are being put up, the government remains committed to completing them to improve the quality of health service delivery in the country.
“We still face problems of inadequate infrastructure in our health establishments. We have problems of numerous structures at various stages of completion that cannot be finished and brought into use, because newer structures are being started, and there is no money to finish the ones started earlier. Mr Speaker, again, this is a long-standing problem that is a mark of our underdevelopment. We will not ignore or sweep the problem under the carpet. We are dealing with it, and will complete them”, he stated.