Housing and Works Minister has attributed government's inability to deliver on its promise to provide over 10,000 housing units to Ghanaians to the lack of funding as well as the Covid-19 pandemic.
Samuel Atta-Akyea noted that despite government's commitment to ensuring that the projects were completed to fill the housing deficit gap in the country, Covid-19 and financial constraints has barred its progress.
"The issues are all premised on the financial space that we could have. The people [contractors] were eager to complete the project... but the reality is that, we do not have the financial muscles to fund serious infrastructure like housing," he said.
The New Patriotic Party (NPP) administration has promised to address the country's 2 million housing deficit.
The promise started in 2005 during the Kufour administration when former President John Agyekum Kufour promised to house 1.7 million Ghanaians with his affordable housing project.
In 2019 however, the NPP government under President Akufo-Addo's government announced an agreement with Solin, a private Hungarian company to commence the construction of affordable houses for Ghanaians across the country.
Housing and Works Minister Samuel Atta-Akyea said the partnership agreement will see to the delivery of fast and cost-effective houses, based on a polystyrene concrete technology, to ultimately construct 10,000 housing units for Ghanaians.
Subsequently, the Minister announced that government had started construction works on the project.
He, however, has disclosed that the progress of the project has stalled because funding from the Hungarian government seized as a result of the Covid-19 pandemic.
"It's not off the table, they're committed to assisting," he said.
Latest Stories
-
RSS Developers to hold 3-day open house event on home purchasing from Friday, Dec. 27
17 minutes -
Elikem Treveh: How TEIN UMaT students contributed significantly to NDC’s victory in Tarkwa Nsuaem constituency
35 minutes -
Joy FM Family Party in the Park kicks off with excitement at Aburi Botanical Gardens
51 minutes -
JP U-15 Cup 2024: Fadama Ajax wins maiden edition
1 hour -
Lured for Love, Caged for Cash: How an 80-year-old American seeking love was kidnapped in Ghana by a Nigerian gang
2 hours -
Star Oil Ltd @ 25: Driving Growth and Profitability with a Vision for Renewable Energy and a Sustainable Future
3 hours -
American Airlines resumes flights after technical issue
3 hours -
NDC Greater Accra Chairman dismisses unauthorised appointment nomination request
4 hours -
Man City might miss out on Champions League – Guardiola
4 hours -
Joy FM’s Party in the Park set to thrill at Aburi Botanical Gardens today
4 hours -
KiDi performs with childhood idol, Kojo Antwi at ‘Likor On The Beach’
5 hours -
South Korea MPs file motion to impeach acting president
5 hours -
Star Oil Ltd @ 25: Driving growth and profitability with a vision for renewable energy and a sustainable future
5 hours -
Bald eagle officially declared US national bird after 250 years
5 hours -
Krachi East leads Oti MDAs in 2023 Performance Evaluation
6 hours