Kojo Oppong Nkrumah, the Minister for Works and Housing, promised that the government will finish the Saglemi Housing Project.
Started in 2012, the project faced big problems mainly because the government worried about how much the contract cost.
During an interview with Bernard Avle on Citi TV’s Point of View on Wednesday, April 17, Oppong Nkrumah said the government is ready to work with investors to finish and use the project.
“The buildings and technical expressions are at various stages of completion; some are at the foundation level…and the money is finished. Now as it sits, the state is of the view that it should not be left to rot. That is why the President [Nana Addo Dankwa Akufo-Addo] has asked that we go through a process to identify a private investor and or private investors who have technical and financial competencies to help us finish it and to operationalise it.”
When asked why the government is now working on the Saglemi Housing Project again, Oppong Nkrumah said, “Minister Samuel Atta Akyea asked for an evaluation, and it showed we need about $100 million to finish it.”
“It was based on his report that prosecution was occasioned somewhere around I think 2021, if my timelines are correct. Minister Asenso Boakye is the one who came to cabinet requesting for funding to continue the project.
“And cabinet did the considerations, went through all the options and said after spending $200m on this, the state couldn’t afford to spend anymore, especially at that time of the beginning of our economic challenges. And so, the decision was made to look for private interest.”
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