The Managing Director of the State Housing Company, Kwabena Ampofo Appiah, says Ghana’s favourable economic environment makes the country the best choice for investment in the housing industry against other African countries.
Speaking at the Ghana Investment and Opportunities Summit on the sidelines of the UK Africa Summit held in London, Mr. Ampofo Appiah trumpeted the serene, safe and politically stable atmosphere Ghana enjoys as a good enough reason for investors to flood into the country.
“Ghana should be your only point of call if you want to buy a home or invest in housing in Africa,” he stressed.
In the past, he recalled, there were many bottlenecks in the housing industry but measures put in place by the Nana Akufo-Addo government have changed the narrative into a positive and promising one.
Ghana’s housing deficit stands at two million, and that is something the government is working tirelessly to change. With the middle class growing at a very fast rate, Mr. Ampofo Appiah assured investors of the demand to build more houses.
As part of these measures, the MD stated that the government is supporting investors with litigation free lands, homes and now an affordable mortgage scheme. Prices of already built houses, he indicated, are affordable, and urged Ghanaians in the diaspora to make a dash for them.
The SHC Managing Director was in the United Kingdom as part of the government’s delegation to the UK Africa Summit which was led by President Nana Addo Dankwa Akufo-Addo.
The Summit was to lay the foundation for new partnerships between the UK and African nations based on trade, investment, shared values, and mutual interests.
It was aimed at bringing together African leaders, the UK and African business representatives, international institutions, investors and young entrepreneurs with a focus on creating partnerships between the UK and the continent.
Leaders from twenty-one African countries attended the Summit.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
PenTrust CEO named ‘Best Pensions CEO’, company wins ‘Scheme Administrator Award’ at Ghana Accountancy & Finance Awards 2024
15 mins -
Alan Kyerematen’s ‘Brighter Future for Health Professionals’ in Ghana Revealed in Bono
25 mins -
NPP will ensure a safer cleaner and greener environment – Dr Kokofu
33 mins -
2024 Election: Police to deal with individuals who will cause trouble – IGP
34 mins -
Seychelles President’s visit rekindles historical and diplomatic ties with Ghana
40 mins -
Election 2024: EC destroys defective ballot papers for Ahafo and Volta regions
50 mins -
2024 Election: I am sad EC disqualified me, but I endorse CPP’s candidate – PNP’s Nabla
1 hour -
I want to build a modern, inclusive country anchored by systems and data – Bawumia to CSOs
1 hour -
Miss Health Ghana 2024: Kujori Esther Cachana crowned new Health Ambassador
1 hour -
Livestream: The manifesto debate on WASH and climate change
2 hours -
Alan Kyerematen saddened by NDC and NPP’s neglect of Krofrom Market in the Ashanti Region
2 hours -
CSIR Executive Director urges farmers to adopt technology for improved farming
2 hours -
Football Impact Africa’s Ghetto Love Initiative inspires change in Teshie
2 hours -
Peter Toobu calls for tighter border security over uncovered weapons at Tema Port
2 hours -
Gov’t has failed its commitment to IPPs – Ablakwa
2 hours