[ 2012-05-07 ]

GREDA disappointed in gov't
The Ghana Real Estate Developers Association
(GREDA) has expressed dismay at the decision by
government to sign a contract with a South African
construction firm Guma Group, for the construction
of 500 housing units for the police and military
personnel.

Vice President John Mahama on Friday,
superintended over the signing of a Memorandum of
Understanding between the Government of Ghana and
the Guma Group of South Africa to roll out housing
units for the security agencies.

But President of the Ghana Real Estates Developer
Association, Dr. Alex Tweneboah says government's
decision to rather settle on a foreign group to
put up 500 housing unit is disappointing.

'Look at Teshie-Nungua, who built Teshie-Nungua?
Look at Tema Community 18, 19, who built that?
Look at Awudome Estates, who built that? Is it not
Ghanaians? Are you telling me that 500 houses,
there is no Ghanaian company [that can construct
them]'? Dr Tweneboah asked.

He insisted there were local real estate companies
that were very capable undertaking the projects.

He said even if 'our proposal was not satisfactory
enough, one would have thought that at least they
would have invited us to, perhaps, discuss where
the proposal fell down so we could perhaps go back
and amend it and present it to them.'

Meanwhile Minister for Works and Housing E.T.
Mensah has reiterated Government's desire to
provide affordable housing.

He told Joy News government has not shut its doors
on local housing companies.

He said GREDA and other local companies would be
given the opportunities as long as they meet the
standard criteria.

Source - Daily Guide

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