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10 Companies Express Interest in Completing Saglemi Affordable Housing Project – Oppong Nkrumah

Some local and international private firms have expressed interest in completing the abandoned Saglemi Affordable Housing Project.

The Minister of Works and Housing, Kojo Oppong Nkrumah, has announced that 10 local and international companies have shown interest in completing the Saglemi Affordable Housing Project.

Speaking at a press conference on June 19, 2024, at the Parliament House in Accra, Oppong Nkrumah revealed that the Ministry has received bids from the companies and will forward them to an independent evaluation body to guide the Government’s selection of the winning bid. Adding that, the chosen bid may come from a single entity or a consortium of companies.

 

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“A couple of months ago, we issued a request for proposals. To date, I am briefed that about 10 companies, international and local, have expressed interest, have picked up forms, have been taken to the project site, and they have had the opportunity to inspect what has been left there so far,” Oppong Nkrumah said.

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The Saglemi Affordable Housing Project, which was initially funded with a $200 million loan, aims to provide 5,000 housing units. However, only 1,506 units were partially completed before the project stalled.

According to the minister, the selection process is expected to be transparent and competitive, with the independent evaluation body ensuring that the winning bid meets the necessary criteria.

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“We are fair in our minds about doing everything and above all by law, we expect that whoever is putting in a bid is also going to do the same, and then in the end we should be able to stand within the scrutiny of time,” Oppong Nkrumah said.

He also promised to publish all bids and the evaluation report.

“We are committed that every single bid that we are receiving, eventually we will publish every single bid, we will also publish the evaluation report, so that you see for yourselves how the various bids were evaluated,” he added

The Minister said the Government was making efforts to complete another housing project in Koforidua, which was one of President John Agyekum Kufuor’s Affordable Housing Projects from before 2008, which was still out there.

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