A partnership agreement has been signed between the governments of Ghana and Hungary through Solin, a private company from Hungary with expertise in providing polystyrene concrete technology housing systems, to commence the construction of affordable houses for Ghanaians across the country.
The project — which will seek to bridge the housing gap in the country — will provide fast and cost-effective affordable houses based on a polystyrene concrete technology to ultimately construct 10,000 housing units for Ghanaians.
Speaking at the official sod-cutting ceremony for the rapid housing technology in Accra, the Minister for Works and Housing, Samuel Atta Akyea, gave the firmest of assurances that there will be ‘no governmental bureaucracy’ in the way of the project.
He said this affordable housing project could not have come at a better time than when the country is faced with a housing deficit of 1.7 million units.
“We cannot have a sane society if people do not have a decent place of abode,” he said
The above challenge, averred Mr. Atta Akyea who doubles as the member of Parliament for Abuakwa South Con, has been a headache for the Akufo-Addo administration.
Against this backdrop, the Works and Housing Minister described the intervention of Hungary in helping address Ghana’s housing deficit as a ‘miracle’ of a sort.
In the wake of the intervention, he disclosed that the government will create a mortgage regime that will make it affordable for Ghanaians to own houses.
He therefore encouraged Ghanaians to lend their support to ensure success for the project, cautioning against any propagandist tendencies.
“We should embrace this modern technology with so many prospects for Ghana, as it will help wipe out our housing deficit,” he said.
According to Mr. Atta Akyea, the project encompasses a factory component in the background.
The intervention of Solin will pave the way for many factories to be built across the country, which will feed the construction companies with materials for the building, he stressed.
This, he said, dovetails into President Nana Addo Dankwa Akufo-Addo’s One District, One Factory (1D1F) project, aimed at providing employment for Ghanaians.
He commended the Hungarian government, Solin and Sino Africa Development Company for the initiative.
Again, the minister spoke highly of the Hungarian Ambassador to Ghana, H.E. András Szabó, who he confirmed had become a personal friend.
On his part, the Ambassador of Hungary to Ghana, András Szabó, said the project could not have come to fruition without support from the government of Ghana and Sino Africa Development Company Limited.
He explained that the project is a Public Private Partnership (PPP) with the government of Ghana.
Solin is mandated to finance and build affordable housing units for Ghanaians, which will subsequently be absorbed by government to supply citizens on flexible and affordable terms.
Solin, he said, has plans to establish a factory in Ghana to aid government’s 1D1F initiative and locally produce the materials needed for construction of these rapid technology houses.
When the factory is set up and the materials produced locally, the company will annually construct 2,000 housing units for Ghanaians, he went on to disclose.
Later, Mr. Atta Akyea and Mr. Andras Szabo inaugurated a sample 3-bedroom housing unit constructed by Solin on the Spintex Road in Accra.
Meanwhile, the developer and technology provider, Solin, has identified a local partner, Sino Africa Development Company Limited – a construction company, to undertake all civil works to meet the local construction standards and also transfer the technology to the local partner.