Government to Sale Saglemi Housing Project to a Private Investor

Information available to keeoko news indicates that the Government of Ghana under the leadership of President Nana Addo-Dankwa Akufo-Addo is putting plans in place to sale Saglemi Housing Project to a Private Investor.

The Minister of Works and Housing, Francis Asenso Boakye made the intention of Government to Sale the Saglemi Housing Project indicated that the decision was arrived at after a painstaking consultation verification and assessment.

“After a painstaking period of assessment, verifications and consultations government has decided to explore the possibility of selling the Saglemi Housing project, covering the 1506 housing unit , at the current value to private sector entity to complete and sell at no further cost to the state.

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The minister further stated that funds that will be generated from the sale of the Saglemi Housing project will be reinvested into another affordable Housing project.

“Proceeds from the sale will come to the state and reinvested into affordable Housing project. To facilitate the process a technical working team has been set up, comprising professionals and experts to oversee and spearheads all engagements required for the completion of the project.” – The minister stated.

SOURCE: Keeoko.com