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Saglemi Housing Project to Resume After Years of Delay

After years of stagnation, work on the Saglemi Affordable Housing Project is set to resume, according to Kenneth Gilbert Adjei, the Minister for Works, Housing, and Water Resources. He assured the public that efforts were underway to bring contractors back to the site.Speaking during a visit to housing projects in Shai Hills and Ningo Prampram, the minister emphasized the government’s commitment to preventing future project delays. He stressed the importance of timely completion and warned contractors against missing deadlines.The Saglemi project, initiated in 2012 under President John Mahama, aimed to provide 5,000 affordable housing units. However, it stalled in 2017 due to allegations of financial mismanagement. While legal battles followed, the current Attorney General has discontinued cases against former Minister Collins Dauda, clearing the way for work to continue.To prevent similar issues in the future, the government plans to implement […]

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Nilex Properties MD Advocates for Use of Local Materials in Building Projects.

Nilesh More, Managing Director of Nilex Properties, has urged estate developers to use locally sourced building materials to reduce housing costs in Ghana. Speaking at a media engagement ahead of the "Ghana-Diaspora Home Purchase Expo 2024," More emphasized that the high cost of property development in the country could be alleviated by relying on local materials, which would also create jobs and support the local economy.The expo, set for December 12 and 13, 2024, will bring together developers, real estate agents, financial institutions, and diaspora investors to discuss opportunities in Ghana's real estate market. More also announced plans to provide affordable housing by using locally sourced materials for the construction of apartments and townhouses. Additionally, his company is collaborating with financial institutions to offer mortgage options for potential buyers.The event will also provide legal insights for property investments, including land […]

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New Sanitary-Ware Factory in Takoradi Creates 600 Jobs and Boosts Local Economy.

Jintao Sanitary-Ware Ghana Limited has officially opened a cutting-edge production facility in Takoradi, significantly enhancing the local economy. This Chinese-owned company, part of the Hwani Group, specializes in sanitary ware products such as washbasins, bathroom cabinets, urinals, and more, with an impressive capacity to produce one million units annually. The factory, which is set to expand its output to two million units for export, is expected to create 600 jobs, with 90% of the workforce sourced from the Western Region. Approximately 70% of its production will be directed towards export markets, while the remaining 30% will serve the local demand. The government's initiative aims to tackle the housing deficit by providing affordable building materials, reducing reliance on costly imports that contribute to inflation. Jintao’s investment is poised to make high-quality sanitary products more accessible to real estate developers and home […]

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