We’ll collaborate with other sectors to reduce cost of housing – Oppong Nkrumah


The
Ministry
of
Works
and
Housing
has
expressed
the
government’s
commitment
to
reducing
the
prices
of
houses
through
collaborative
efforts
with
other
ministries.


According
to
the
sector
minister,
Kojo
Oppong
Nkrumah,
the
ministry
will
partner
with
other
government
sectors
such
as
roads,
energy,
and
water
resources.


These
collaborations
according
to
the
minister,
aim
to
cover
the
costs
of
constructing
road
networks,
connecting
housing
units
to
the
national
grid,
and
providing
water,
thereby
easing
the
financial
burden
on
developers.


With
Ghana’s
housing
deficit
currently
at
1.8
million
units,
the
government
aims
to
bridge
this
gap.
In
a
media
interview,
Kojo
Oppong
Nkrumah
stated
that
this
initiative
could
reduce
the
cost
of
a
housing
unit
by
30
percent.

“We
are
piloting
synergies
with
other
sectors
of
government.
For
example,
roads,
water,
and
energy.
Why?
Because
when
we
build
in
those
synergies,
it
means
the
developer
doesn’t
have
to
construct
the
road
himself,
extend
electricity
himself,
or
extend
water.

“And
it
has
the
potential
to
reduce
the
cost
of
the
final
unit
that
is
being
sold,
from
what
they
are
telling
us,
up
to
about
30%.
That
will
help
significantly
to
reduce
the
cost
of
projects
in
these
master-planned
communities.”




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