Development to begin on “one of the vital formidable reasonably priced housing initiatives on the earth”

Vice-President says mission will “allow working Ghanaians…to buy a house”.

  • First 6,500 of 200,000 reasonably priced and sustainable houses to be in-built Ghana’s capital Accra.
  • A part of UNOPS Social Affect Investing Initiative which is able to ship greater than 800,000 reasonably priced houses in 5 international locations.
  • Web site in Amasaman, close to Accra, to incorporate college, medical centre, retailers and sports activities services
  • Excessive-quality houses to be produced by native factories and constructed with vitality environment friendly photo voltaic rooftops
  • Venture goals to cut back Ghana’s present housing deficit of two million models
  • Comparable initiatives will quickly start in Kenya, India, Pakistan, and the Caribbean.

The event of 6,500 houses has begun in Amasaman, close to Accra, within the first a part of formidable initiatives by the federal government of Ghana, UNOPS and Sustainable Housing Options (SHS) Holdings, to construct 200,000 reasonably priced and sustainable houses.

The bottom-breaking ceremony on 28 August was attended by over 500 of the nation’s senior officers and mission companions.

It marks step one in UNOPS Social Affect Investing Initiative (S3I), which fosters progressive financing for the Sustainable Growth Targets (SDGs). Comparable initiatives will quickly begin which is able to ship greater than 800,000 reasonably priced houses throughout Kenya, Ghana, India, Pakistan and the Caribbean – making it one of the vital formidable reasonably priced housing initiatives on the earth.

The mission in Ghana will help the native financial system and assist cut back the nation’s present housing deficit of two million models. All manufacturing and building can be carried out by native workers, thus creating a number of thousand new jobs.

SHS has established a neighborhood manufacturing facility to make constructing supplies wanted for the houses, which can be constructed with vitality environment friendly supplies, together with photo voltaic panels.

Vice-President of the Republic of Ghana, Mahamudu Bawumia, mentioned:
“Residence possession inside a rising working class is among the most essentially integral elements of a growing financial system…We as a authorities know that the lasting resolution to the housing deficit can’t be achieved with out forming essential partnerships with the personal sector.

“In step with this, our Authorities has partnered with UNOPS and Sustainable Housing Options to ship an reasonably priced housing mannequin which is able to embody not solely the houses to be constructed, however the associated mortgage system to allow working Ghanaians throughout the nation’s working class be capable to lastly afford to buy a house that comes with all of the facilities a good house ought to comprise.

“We look ahead to the advantages this mission will deliver to the nice individuals of Ghana.”

UNOPS Government Director Grete Faremo mentioned:
“We’re proud to help the federal government of Ghana of their effort. This mission goes past reasonably priced housing. It would enhance 1000’s of lives. It offers 1000’s of native jobs and helps a sustainable financial system. It demonstrates clearly what UNOPS’ Social Affect Investing Initiative units out to realize: supporting nationwide improvement agendas via serving to entice financing from the personal sector. This is among the most formidable reasonably priced housing initiatives on the earth and we look ahead to its success.”

Dr. Allen Zimbler, Chairman of SHS Holdings mentioned:
“Sustainable Housing Options is delighted to be partnering with UNOPS in constructing giant scale reasonably priced housing for everybody. SHS, via its extremely efficacious low-cost building methodology Bau Panel, can present speedy building of extraordinarily catastrophe resistant and strong buildings of all types, bringing to bear photo voltaic vitality, clear water and sanitation options, in addition to anti-malarial coatings.

“Our aim is to supply high-quality affordability. In Ghana we’re dedicated to large-scale coaching and training, creating native jobs for 1000’s which is able to enhance the native financial system and make use of native supplies and companies wherever doable.”

ENDS 

Notes to the editors:

Press contact particulars:
Taraneh Dadar
taranehd@unops.org
– +45 3017 7500
– +45 4533 7516

About UNOPS
UNOPS mission is to assist individuals construct higher lives and international locations obtain peace and sustainable improvement. We assist the United Nations, governments and different companions to handle initiatives, and ship sustainable infrastructure and procurement in an environment friendly means. Learn extra: www.unops.org

About UNOPS Social Affect Investing Initiative (S3I)
UNOPS S3I seeks to de-risk and construction infrastructure funding initiatives in an effort to assist entice financing from the personal sector to nationwide improvement agendas. Initiatives chosen are subjected to a rigorous and complete due diligence course of that can guarantee a optimistic environmental, social and financial impression, with monetary returns for personal sector buyers.

About SHS
SHS Holdings deliver progressive eco-friendly housing, vitality, water and well being safety methods and applies them at scale within the growing world. The idea goals to supply a ‘turn-key resolution’ to decreasing the present shortfall of tens of thousands and thousands of first rate dwellings within the growing world. SHS works with governments, NGOs and the personal sector to create safer and extra sustainable environments for generations to return. Learn extra: www.shsholdings.org

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