SHC to complete inherited projects stalled for more than seven years – John Bawah

The State Housing Company (SHC) has disclosed plans to complete all inherited projects, including some that had stalled for more than seven years.

Speaking at the sod-cutting ceremony on Saturday, Managing Director of Housing Company, John S. Bawah, said the project forms part of efforts to address the country’s over 1.8 million housing deficit while making homes more affordable for Ghanaians.

“So far, we have committed ourselves to completing all inherited projects, including some that had stalled for more than seven years. In line with the President’s directive to avoid abandoned state projects, we are scheduled to complete 300 housing units before the end of this year in Accra, Kumasi, and Takoradi.”

According to the managing Director of SHC, he highlighted their affiliation to the ministry of works, Housing and Water Resources for smooth running of the Greenville housing project in Tamale south.

“Under the Ministry of Works, Housing and Water Resources, SHC is actively participating in the Greenville District Housing Project in Tamale South, where we are constructing 40 housing units with supporting infrastructure.”

“Additionally, preparations are far advanced for the completion of abandoned affordable housing projects beginning in Koforidua, and later extending to Wa and Tamale.” He added

Mr. John S. Bawah applauds the government for the economic stability experienced in the country, while appealing for the government’s intervention through the “Big Push” policy.

“Your Excellency, we are grateful for your leadership and continued commitment to Ghana’s development. However, despite improvements in the economy, construction costs remain high.”

“To help us maintain affordability, I humbly appeal for government support through the Big Push initiative to finance the project’s horizontal infrastructure — roads, drainage, and sewage systems — estimated at GH¢100 million.” He highlighted.

Mr Bawah noted that the intervention of the government will affect the pricing, making it cheaper than the prices offered on the market. “This support will help us maintain our target of offering housing units that are between 25 and 40 percent cheaper than prevailing market prices.”

He reaffirms the Company’s commitment to delivering the best and maintaining collaboration and transparency to their partners.

“To our partners and private sector collaborators, we appreciate your confidence and investment in this shared vision for Ghana’s housing sector. We remain committed to transparency, professionalism, and results.”

All these are part of the government’s comprehensive framework aimed at restructuring Ghana’s economy, governance, and national values to restore public trust and ensure sustainable growth, called the “reset agenda.”

“We have also initiated urban redevelopment projects at our Kaneshie and Adenta Estates, with similar projects planned for Effiakuma in Takoradi and Kanda in Accra”, he noted.