30/03/2022
Akufo-Addo laments the high cost of properties in Ghana
President Nana Akufo-Addo has bemoaned the high cost of properties in Ghana and urged the Ghana Chamber of Construction Industry to find innovative ways to build less costly properties for Ghanaian citizens so more people can own homes.
The President told the Chamber at a meeting: “I hear in Ghana, some small three-bedroom house in East Legon costs between $354,000 and $500,000”.
“You get mansions for that in many parts of America”, he contrasted.
In his view, “with between $100,000 and $200,000, you get a very well [apportioned] home because the materials that are used for construction in the UK are local, and are very cheap.
“We need to find ways of building strong and cheap houses in the country,” the president urged the Chamber.
https://sleglobal.com/news/f/akufo-addo-laments-the-high-cost-of-properties-in-ghana