Vice President Dr. Mahamudu Bawumia has cut sod for work to commence on the construction of a landmark 6,500 homes at Amasaman as part of the the United Nations Office of Project Services (UNOPS) and Sustainable Housing Solutions (SHS)100,000 affordable housing scheme.
Dr. Bawumia speaking at the ceremony, indicated the backlog in housing in Ghana.
One of the greatest ongoing need across Africa is the availability of affordable housing for citizens.
He stated that it was as a result of that the President, Nana Akufo-Addo became so interested in the UNOPS project at the UN General Assembly last year September.
Ghana, he said, is one of two countries in Africa that made it through the vetting process, expressing gratitude to UNOPS.
He pointed out several challenges in the housing sector in Ghana, which he said had led to disparity in house ownership.
With the UNOPS programme coming onboard to augment the projects currently underway by the government, “we are miles away to addressing the housing gap,” the Vice President said.
Government is partnering UNOPS, SHS to deliver a sustainable and affordable housing scheme that will enable working Ghanaians purchase decent homes, he stated.
The project, Dr Bawumia said is going to be a game changer, “so many benefits will come from this.”
The project, he said, is going to be environmentally friendly.
He observed the need for a sound banking and financial system in Ghana.
The Deputy Minister of Works and Housing, Barbara Ayisi Aisha, stated that “having a home is a basic human right which allows us to live a happy and fulfilling lives.”
She stated that increasing population and urbanisation have made access to homes a difficult challenge in cities in the country.
According to her, in bridging the housing gap, 60 percent of Ghana’s urban population will need some form of government’s support to get housing.
An additional 35 percent will not get housing even with Government support, she lamented.
This calls for massive support, according to the deputy minister
To make housing accessible to all, she revealed, the ministry has over the years undertaken a number of initiatives.
She stated that the UNOPS/SHS, Government of Ghana partnership, would yield the needed results in providing decent homes for the people of Ghana.
Under the project, large scale affordable housing units are to be provided for every Ghanaian.
It will also create local jobs for thousands of people, boost the Ghanaian economy and help bridge the housing gap.
Total Global Housing Units
UNOPS is expected to build over 800,000 homes across Asia, Africa, and the Caribbean.
It is the largest affordable housing scheme the world has ever seen.
In Asia, India and Pakistan are the two beneficiaries while Ghana and Kenya are benefitting in Africa.
Ghana, with an estimated housing deficit of over two million, which is projected to increase to 2.2 million in a few years, will receive about $5.3 billion to construct the affordable houses across the country.
The new partnership will also explore new opportunities in the renewable market, with UNOPS expected to work with MYRA-SHS Energy, a subsidiary of SHS, which focuses on investments in renewable energy projects and associated infrastructure.
It is the latest step in the UNOPS Social Impact Investing Initiative (S3I), which aims to attract financing from the private sector to develop projects in emerging markets.
The technology is earthquake and hurricane resistant and constituent with the utilization of renewable energy and non-toxic insect-repellent properties.
The concept aims at providing a ‘turn-key solution’ to reduce the current shortfall of tens of millions of decent dwellings.
more to follow…
