The Ghana Real Estate Developers Association (GREDA) has assured the government of its commitment to providing affordable housing to Ghanaians.
This was disclosed at a meeting with Members of the Association and the Minister for Works and Housing, Mr Francis Asenso-Boakye, on Tuesday in Accra.
The Executive Secretary of GREDA, Mr. Samuel Amegayibor, lauded the Minister for engaging key stakeholders in the industry to find solutions to the housing deficit in the country.
He believes if there are further collaborations between the Ministry and GREDA, a lot can be achieved in the sector.
“I commend you Minister for proposing the establishment of the National Housing Authority. It is true that if the sector is left in the hands of technocrats, issues of non-continuity of projects will not happen,” he said.
On his part, Mr Asenso-Boakye Minister said the government through the Ministry, was in the process of establishing a National Housing Authority.
“We have identified an institutional gap in the planning, development and management of the housing sector in Ghana. To this end, the government is setting up a National Housing Authority to address the challenges affecting the sector.
“We intend to set some areas as affordable housing enclaves. The intention is to service these land banks and invite the private sector to build and sell to the public. By so doing, we will reduce the average cost of building houses drastically,” Mr Asenso-Boakye indicated.
Zakaria Musah, ISD