The Akufo-Addo Administration says it has decided to wash its hand off the much-talked about Saglemi Housing Project.
According to government, the move will afford a private developer the opportunity to refurbish the housing units and sell to potential owners
Addressing Journalists in Accra on Sunday, the Minister for Works and Housing Francis Asenso Boakye said "Government is exhausted and handicapped and can’t make further commitment 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"
The Minister asserted that, a committee will be commissioned to guide the process and 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 1,500 units built are currently inhabitable and an amount of about USD46 million is needed to provide water, electricity and storm drains.
In addition, the Works and Housing Minister, Francis Asenso Boakye said, the high court is looking into the issues of embezzlement and anyone found culpable for crime will be convicted.
Story by: Joshua Kwabena Smith