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The government, in partnership with Solin, a Hungarian private company, is building affordable homes for Ghanaians across the country with polystyrene concrete technology.
The public-private partnership (PPP) gives Solin the mandate to finance and build affordable housing for Ghanaians, which will then be absorbed by the government on flexible and affordable terms for citizens.
Speaking at the official lawn cutting ceremony for fast housing technology in Accra on Feb. 11, the Minister of Public Works and Housing, Samuel Atta Akyea, said the goal was to build eventually 10,000 homes for Ghanaians.
He explained that the project to fill the housing gap among Ghanaians would create an affordable and affordable home.
"We can not have a healthy society in mind if people do not have decent homes," he said.
Mr. Atta Akyea badured with the greatest badurance that there would be "no government bureaucracy" in the way of the project.
He said that this affordable housing project could not have come at a better time when the country was facing a deficit of 1.7 million housing units.
The Minister of Public Works and Housing described the Hungarian's response to the housing deficit in Ghana as a "miracle".
Following the intervention, Mr. Atta Akyea revealed that the government would create a mortgage regime that would make housing affordable for Ghanaians.
He therefore encouraged Ghanaians to support the project's success, warning against any propaganda trend.
Solin's intervention will pave the way for many factories across the country, which will provide construction companies with the materials needed for construction, said Atta Akyeahe.
This, he said, is part of President Nana Addo Dankwa Akufo-Addo's "One District, One Factory" (1D1F) project to create jobs for Ghanaians.
The minister congratulated the Hungarian government, Solin and Sino Africa Development Company for this initiative.
Solin is working with the construction company Sino Africa Development Company Limited to undertake all civil works in compliance with local building standards and to transfer the technology to the local partner.
Hungary's ambbadador to Ghana, András Szabó, also present at the event, said the project could not have been successful without the support of the Government of Ghana and Sino Africa Development Company Limited.
Solin, he said, is planning to set up a plant in Ghana to help the government's 1D1F initiative to locally produce the materials needed to build these fast-paced homes.
According to Mr. Szabó, during the installation of the factory and the production of materials on the spot, the company will build 2,000 homes per year for Ghanaians.
Solin, should provide polystyrene concrete housing systems, to start the construction of homes.
Mr. Atta Akyea and Mr. Szabó commissioned a sample of three-bedroom housing units built by Solin on the Spintex road in Accra.
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