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Thursday 28 March 2024

2021-04-07

[N] As Majority Leader be circumspect with your utterances

2021-03-19

[I] Goldman Sachs staff revolt at ‘98-hour week’
[I] Over half of staff go back to workplace
[I] Health chiefs confirm Oxford-AstraZeneca Covid jab safe to use
[S] Kotoko Signs Second Brazalian Player
[N] It Is A Blatant Lie That I’ve Declared My Prez Ambition-Agric Minister
[S] Accra Mayor to change face of sports in Greater Accra
[S] Ambassador Lutterodt charges GOC prez to tackle Martha Bissah issue
[S] Ben Nunoo-Mensah hits ground running for GOC
[S] Black Stars to Engage Uzbekistan In International Friendly
[N] House of Chiefs calls for collaboration with MMDCEs for development
[N] Baby Harvesting: More suspects picked
[N] Police pledge commitment to bringing Sheikh Maikano’s murderers to book
[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce
[N] Desist from starting race ahead of time - Obiri Boahen to NPP presidential
[N] Gov’t announces construction of five interchanges in Ashanti
[N] Controversial textbooks: NPP urges NaCCA to enforce rules without fear or favour
[N] Staff working on Tamale interchange call off strike
[N] Newly proposed taxes a huge hindrance to businesses’ recovery
[N] Government can’t take a unilateral decision on salaries for public workers
[N] Ghana records 2 new Covid-19 variants; experts call for immediate action

2021-03-17

[S] First GFA safety and security seminar takes place today
[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[N] Ghana records 698 COVID-19 deaths
[N] NDC’s Ofosu Ampofo behaves like a toddler – Allotey Jacobs
[S] Don’t tax sports betting, ban it – Ato Forson to government
[N] Ama Benyiwaa Doe slams Allotey Jacobs; says he has no influence
[N] Approving Akufo-Addo’s ministers ‘regrettable and unfortunate’ – NDC caucus
[S] Don't rush Satellites players, warns GFA coaching boss
[N] Eastern Regional Hospital detains 246 patients for non-settlement of bills
[N] COVID-19 vaccination in Ghana: 1,000 reports received on adverse effects
[N] Ignore reports of rift between local, foreign staff at AfCFTA secretariat – Govt
[N] Remain calm, support our leadership in Parliament – NDC Council of Elders
[N] Ghana hasn’t recorded any case of blood clots from COVID-19 vaccination – FDA
[N] 9-year-old boy burnt to death as stepfather sets house ablaze
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker
[I] Half of UK managers back mandatory Covid vaccines for office work
[I] Brussels to propose Covid certificate to allow EU-wide travel

2021-03-16

[I] Nick Candy leads £1m drive to oust London mayor Sadiq Khan
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General News

[ 2014-08-29 ]

$200 million nationwide affordable housing project rolls out by December
Government has approved a 4,120-unit affordable
apartments scheme for public servants across all
ten regions country.

The project is expected to be rolled out before
December, according to Managing Director of
Italconstruct International Limited – the
company contracted to build the houses.

“All the paperwork [with government] has been
done. The only thing that we are waiting for is
the signing of a loan agreement which will happen
pretty soon”, Mr Kwesi Baidoo, MD for
Italconstruct said.

The loan, according to him, will be provided by
Barclays UK, backed by the UK government's Export
Credit Guarantee Department (ECGD) at a rate of
2.25% per annum.

Land for the Greater Accra project has been
allocated at Prampram, while paper work for
locations of the project in the other regions
–notably Ashanti, Eastern, Western and Northern
regions – are ongoing.

“The good thing is that Italconstruct [is]
already on the ground. We have constructed a
number of houses, communities et cetera and we
have our factory for producing panels in Tema so
it's not an issue of now trying to organise
capacity. We already have capacity so as soon as
the loan agreement is signed we will be hitting
the road and delivering the houses”, Mr Baidoo
assured.

The Italconstruct MD made these remarks at the
launch of a 100 executive homes units of the
company located in East Legon. The Italcourt, as
it is called, has 50 3-bedroom detached executive
homes in a gated community.

Ghana is faced with with a twin problem of
sprawling informal uban housing and a 1.7 million
housing deficit.

Although government is intervening by rolling out
affordable housing projects in parts of the
country, real estate experts say the way to go is
the establishment of a Real Estate Fund.

This fund, according to its proponents will solve
the problem of accessing capital by estate
agents.

"Real Estate Fund is a laudable idea and I think
government should look seriously at that. Because
access to capital is quite difficult and interest
rates are quite high", Mr Baidoo said.

Mr. Baidoo
He said in other countries that have surmounted
their housing problems government made available
"funds for real estate development with very
conducive interest rates that when passed onto the
customer he or she does not feel the pinch."

Mr Baidoo also revealed that the newly established
Italcourts is aimed at making addressing the
housing deficit in country.

“We used our advanced building technology which
has several advantages compared to the
conventional ones. Some of the advantages include
its affordability, speed of construction and also
high quality”, Mr Baidoo noted.

He added that the houses were built to be
“energy efficient” since the materials for
their construction enable energy conservation.

"The other features that makes this exclusive is
that there is also a bio-digester installed which
means that you wouldn't have to evacuate you
septic tank for over 20 years and after you've
accumulated enough waste, you can even tap the gas
for domestic use", he explained.

Source - MyjoyOnline



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