The Government of Ghana is to partner with Hungarian private company, Solin, to construct affordable houses using polystyrene concrete technology in Ghana.
The company which has expertise in providing polystyrene concrete technology housing system will commence the construction of affordable houses for Ghanaians across the country.
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.
The project which will seek to bridge the housing gap among Ghanaians will provide a fast and cost effective affordable houses based on a polystyrene concrete technology to ultimately construct 10,000 housing units for Ghanaians.
Samuel Atta Akyea, Minister for Works and Housing addressing the gathering
Speaking at the official sod-cutting ceremony for the rapid housing technology in Accra on Tuesday, the Minister for Works and Housing, Samuel Atta Akyea, assured that there will be ‘no governmental bureaucracy’ in the way of the project.
He said the project could not have come at a time when the country is faced with a housing deficit of 1.7 million units. “We cannot have a sane society if people do not have a decent homes of abode,” he said
The above challenge, Mr Atta Akyea, who doubles as the Member of Parliament for Abuakwa South Constituency, averred, has been the headache of the Akufo-Addo administration.
Against this backdrop, he described the intervention of the Hungarian in addressing Ghana’s housing deficit as a ‘miracle’.
In the wake of the intervention, he 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.
“We should embrace this modern technology with so many prospects for Ghana as it will help wipe our housing deficit,” he said.
According to Mr Atta Akyea, there project encompasses a factory component in the background.
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, he 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.
He commended the Hungarian government, Solin and Sino Africa Development Company for the initiative.
For his part, Ambassador of Hungary to Ghana, András Szabó, said the project could not have come to fruition without the support of government of Ghana and Sino Africa Development Company Limited.
He explained that the project is a Public Private Partnership (PPP) with the government of Ghana with Solin mandated to finance and build affordable housing units for Ghanaians which will subsequently be absorbed by Government to citizens on flexible and affordable terms.
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.
When the factory is set up and the materials produced locally, the company will annually construct 2,000 housing units for Ghanaians, he went on to disclose.
Mr Atta Akyea and Mr Andras Szabo commissioning a sample 3-bedroom housing unit
Mr Atta Akyea and Mr Andras Szabo later commissioned a sample 3-bedroom housing unit constructed by Solin on the Spintex road in Accra.
Meanwhile, the developer and technology provider, Solin, has identified a local partner, Sino Africa Development Company Limited, a construction company, to undertake all civil works to meet the local construction standards and also transfer the technology unto the local partner.