Meanwhile, a technical assessment report by the Ghana Institution of Surveyors in September, 2020, valued the total cost of works on site at US$64,982,900.74.
As part of government’s commitment to forestall further deterioration of the project, Mr. Asenso-Boakye said the Ministry has been engaging Cabinet, the Ministry of Finance, the Office of the Attorney-General and Ministry of Justice on the best viable options to complete the project.
Following a comprehensive assessment of the project, the Sector Minister disclosed that government will have to allocate additional financing of approximately US$46 million to provide off-site infrastructure such as water, electricity, and storm drain, in order to make the housing units habitable.
“Additionally, there is the need to invest approximately US$68 million to complete the buildings, and other essential on-site infrastructure works”. The Minister added.
Owing to the huge discrepancies with the funds expended on the project, Asenso-Boakye disclose of government’s intent not to further sink tax-payers money towards the completion of the project.
While reiterating the sector Ministry’s commitment to ensuring a robust and sustainable development of public works and housing infrastructure, the Minister called for greater regard for rules and regulations governing the country’s settlement planning, and development control, while admonishing citizens to be more intentional in managing household solid waste.
Touching on the review of the Rent ACT, 1963 (ACT 220) and the Rent Control Law, 1986 (P.N.D.C.L 138), Mr. Asenso-Boakye said Cabinet, after extensive engagements on the draft Rent Bill, 2022, at its last meeting on 27th October, 2022, gave approval for the draft Rent Bill, 2022 and recommended same for the consideration of Parliament.
The Minister expressed the belief that Parliament will soon commence its engagements on the Bill to culminate in its successful enactment.
