Gov’t To Sell Saglemi Housing Project To Private Developer

Gov’t To Sell Saglemi Housing Project To Private Developer



Government has also decided to wash its hands off the Saglemi housing project to allow a private developer to refurbish the housing units and sell to potential owners, according to the Ministry of Works and Housing. Sector Minister, Francis Asenso Boakye revealed this at a meet the press session in Accra on the Sunday, November 13,


2022. He said that the government is also exhausted and handicapped and can’t make further commitments to the Saglemi project. On this basis, “we’re allowing for a private sector developer to take up the initiative to build and sell the housing units”, he said. The Minister asserted that, “a committee will be commissioned to



guide the process and also ensure transparency in the bidding process”. The Saglemi housing project was started in 2012 under the NDC government to build 5000 housing units. This did not materialize due to alleged misappropriation of funds. The minister noted that, the 1500 units built are currently inhabitable and an amount



of about USD46 million is needed to provide water, electricity and storm drains “Government doesn’t intend to expend more on the completion of the project. Government has decided to sell the project” he stated. According to him, the high court is looking into the issues of embezzlement and anyone found culpable for



crime will be convicted. It’s unclear what the terms and conditions will be between the government and the private developer and what the state stands to gain. Currently, a former Works and Housing Minister under the Mahama administration, Collins Dauda, is standing trial together with four others for allegedly causing



financial loss to the State in the controversial housing project. Mr. Dauda and the four others are facing 52 counts of criminal charges for intentionally misapplying public property, wilfully causing financial loss to the Republic, and dishonestly causing loss to public property. Alhaji Collins Dauda and his successor Dr.



Kwaku Agyeman-Mensah, have been accused of spending over $196 million on the Saglemi housing project when investigations revealed that the cost of works executed on the site, including consultancy services, was about $64,982,900.77.