Saglemi housing project Archives

03 Dec

Developer Announces Completion Of Saglemi Housing Project Within 400 Days

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The Managing Director of Quarm-LMI Consortium, Kofi Adabor Ofori-Amanfo, has disclosed that his outfit is looking forward to completing the Saglemi Housing Project within 400 days. This timeline includes the completion of the abandoned 1,506 housing units that have been sitting on the site for the past seven years. While paying a courtesy call on the Ningo Traditional Council, he noted that preparatory works, including site clearance and debris removal, were ongoing. He assured them that the housing project would be habitable for occupants as social amenities and a centralized sewage system would be constructed. “We have already received the…

19 Oct

Govt Selects Quarm-LMI To Complete Seglemi Housing Project

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The government has selected Quarm-LMI as the preferred developer to complete the long-stalled Saglemi Housing Project. According to a press release from the Ministry of Works and Housing dated Friday, October 18, 2024, this decision follows an extensive negotiation process led by a government team that included representatives from the Ministry of Finance, the Office of the Attorney General and the Ministry of Justice, and Deloitte, with technical evaluation support from the Ghana Institute of Surveyors. It said the redevelopment will be structured through a Special Purpose Vehicle (SPV), with the government’s current investment in the project being treated as…

30 Sep

Government To Handover Saglemi Housing Project To A Private Developer In Two Weeks – Oppong Nkrumah

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The government is on the verge of finalising negotiations to revive the stalled Saglemi Housing units, with the project set to be handed over to a private developer for redevelopment in the next 14 days. “Cabinet has directed the Ministry of Works and Housing to explore the possibility of selling the partially completed Saglemi Housing Project to a private sector entity to complete and sell the units without further government investment, and negotiations will be finalized within the next 14 days.” This was made known by the Minister for Works and Housing, Kojo Oppong Nkrumah, during a press briefing in Accra…

21 Jun

Saglemi Affordable Housing Project: 10 Companies Express Interest- Spokesperson

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Spokesperson for the Ministry of works and housing, Manasseh Atta Boahene has disclosed that 10 companies, both local and international, have expressed interest in investing resources and technical expertise in completing and operationalizing the Saglemi Affordable Housing Project. This comes after the Ministry of Works and Housing issued a Request for Proposals on the 17th of April 2024 to attract bids from across the world and to select strategic investor or consortium of investors to complete and operationalize the housing project. Speaking on Movement in the Morning Show on Movement TV / Wontumi Radio, Mr. Boahene explained that the erstwhile…

26 Mar

Govt To Partner Private Sector To Complete Saglemi Housing Project

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The government has taken steps to enlist private partners for the completion of the Saglemi Affordable Housing Project. Initiated in 2012 during the tenure of the National Democratic Congress (NDC) government, the Saglemi housing project aimed to construct 5000 housing units. However, the project has been embroiled in controversy due to allegations of fund misappropriation, leading to its halt. During an inspection of the project site, Works and Housing Minister Kojo Oppong Nkrumah disclosed plans to secure a private partner within five weeks. “Cabinet some months ago approved a pathway to progress work on this project and bring it to…

09 Aug

Government Hasn’t Abandoned Saglemi Housing Project – Asenso Boakye Replies Mahama

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The Minister for Works and Housing, Francis Asenso-Boakye, has countered recent allegations made by former President John Dramani Mahama regarding the Saglemi housing project. Speaking during a radio interview on Okay FM, the minister denied any claims that the government had abandoned the project. Instead, Asenso-Boakye clarified that the government remains fully committed to completing the Saglemi project. He emphasized that both he and the president had reiterated this commitment during the launch of a new housing project in Pokuase. According to him, the government is taking necessary steps to ensure the revival and completion of the project. To address the challenges faced…

02 Aug

Saglemi Housing Project Was A Waste Of Resource- State Housing MD Defends Gov’t’s Decision To Begin A New Housing Project

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Managing Director for State Housing Company Ltd, Kwabena Ampofo Appiah has defended government’s decision to begin a new housing project rather than continue with the Saglemi Housing project started by the erstwhile John Mahama administration. He said that the Saglemi housing project was a waste of time and resources. Speaking in an exclusive interview on phone with Kwaku Dawuro on Movement In The Morning show on Movement TV, he said that he would never advise that government completes the project. "We have to make good use of our resources by not wasting money...because every little fund that goes waste would…

02 Aug

PPA Approves Sale Of Saglemi Housing Project To Private Developer

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The Public Procurement Authority (PPA) has given its approval for the appointment of a transaction advisor to facilitate the sale of the Saglemi Housing project to a private sector entity. This decision follows a directive from Cabinet to the Minister of Works and Housing to explore the possibility of disposing off the project. The aim is to sell the project at its current value to a private sector entity, which will take on the responsibility of completing the housing units and selling them to the public at no further cost to the government. To oversee and manage all the necessary…

03 May

Give Saglemi Housing Project To Workers – Organised Labour

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Organised Labour has called on the government to consider offering the Saglemi Housing project to workers to address their accommodation needs. The government in November 2022 announced plans to wash its hands off the Saglemi housing project to allow a private developer to refurbish the housing units and sell them to potential owners. Sector Minister, Francis Asenso-Boakye said the decision was taken because it was exhausted and handicapped and cannot make further commitments to the Saglemi project. Speaking on behalf of Organised Labour at the 2023 May Day Parade at the Independence Square in Accra, the Greater Accra Regional Secretary…

23 Nov

We’re Ready To Acquire Saglemi Housing Project — GREDA

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The association said its members have the financial and technical capacity to purchase the 1,506-unit housing project from the government for completion and use by interested customers. Consequently, the President of GREDA, Patrick Ebo Bonful, told the Daily Graphic that members would be putting in their bids whenever the project was put up for sale. But should the project not be sold to GREDA members, Mr Bonful said he was hopeful that a local developer will ultimately purchase it as part of the association’s desire to use indigenous expertise to grow the real estate sector, bridge the housing deficit and…