Seven Bold Home Décor Ideas 2020!
- 1 January, 2020
We were really excited to have the opportunity to attend the Launch of the 5th Multi TV Habitat Fair on Thursday, June 26, 2014. The Special Guest of Honor was the Honorable Sampson Ahi-Deputy, Minister of Water Resources, Works and Housing. The Executive Secretary of the Ghana Real Estate Developers Association (GREDA), Sammy Amegayibor, gave the speech on behalf of guests during the launch and has given us permission to share parts of his speech with readers of this blog. We have decided to break the post into several parts, starting with the major challenges he feels the housing industry in Ghana is facing. We have reproduced the beginning of his speech below:
Permit me to say a big ‘Ayekoo’ to all Real Estate Developers spread across the country…for their immense contribution to the housing stock in spite of the enormous challenges that confront them in the course of their business. These challenges are not new except that we have not done enough to address them, noteworthy amongst them are:
While I join His Excellency the President John Mahama to appeal to Ghanaians to appreciate and patronize made in Ghana goods, I at the same time wish to caution the local manufacturers to ensure quality in the delivery of their products.
[These] challenges have left us with a huge housing deficit which has accumulated since independence [and is] still growing by the day because we have done very little to confront the challenges. Available data suggest that if we have to do something significant to reduce the deficit, we would be required to build about 200,000 units annually for the next ten (10) years (thus without assessment of the effective demand). Currently, we are doing about 45,000 annually…