President Addo Dankwa Akufo-Addo has expressed his dissatisfaction with Ghana’s high hotel costs.
According to him, the country’s housing need can never be solved if home prices continue to rise.
Nana Akufo-Addo called for a joint effort between government and the private sector to address the issue of housing at a meeting with members of the Ghana Chamber of Construction.
“I heard a little three-bedroom house in East Legon in Ghana costs between $354,000 and $500,000.” In many locations of the United States, mansions are available for that price. Because the materials used for construction in the UK are local and extremely cheap, you can buy a pretty well-appointed home for between $100,000 and $200,000.”
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Saglemi housing project
In 2012, the erstwhile National Democratic Congress (NDC) government began the construction of the Saglemi Affordable Housing project at Prampram in the Ningo Prampram District of the Greater Accra Region.
The facility was meant to be a 5000-residential unit facility to ease the accommodation deficit in the country.
It sits on 300 acres of land with one-to three-bedroom flats for low-income earners.
Phase One of the US$200 million project saw the construction of 180 blocks comprising over 1,500 flats.
Soon after the New Patriotic Party (NPP) came to power, the project has become a matter of controversy, following years of abandonment.
