OK FM
PoliticsTop News

Liberia: Low income Earners to benefit from Over 50,000 Housing Units

Monrovia-A high power delegation from Burkina Faso has arrived in Liberia to hold discussion with the National Housing Authority for the Construction of over fifty thousand homes for low income earners in the country.

 

              By Varney Dukuly-favorduke@gmail.com

 

The seven men delegation headed by Alain Zoungrana who is also the President of an international construction company, GELPAZ is in the country to finalize agreement with the Liberian Government for the construction of the homes.

At news a conference in Monrovia Tuesday, August 14,2018,  Dwanah Siryon, Director General of the National Housing Authority, NHA  said the agreement when finalized, will yield maximum dividend for the poor people especially in the housing area.

He added that the agreement which is expected to be consummated on Friday between GELPAZ Construction Company and the National Housing Authority will also target the fifteen counties in the country.

According to him, the move is part of efforts aimed at buttressing government’s Pro-Poor agenda, adding that the NHA has embark on a data collection to ascertain the need of the Liberian people.

“The Government of Liberia as not entered into a contract with them yet – we have not signed a contract yet. He just came. They invited us, we went there last month so we invited them to come here so we can discuss further. From this meeting, we could be able to consummate a contract before they leave; so with all the meetings we are having with other stakeholders, one of the agenda is to be able to consummate the agreement before Friday,” Siryon said.

GELPAZ IMMO-SA as a private investor would not need a legislative ratification to commence their investment in Liberia, arguing that their investment is not a loan or grant to Liberia, rather a private investment,” he added.

He said the company is proposing the construction of 50,000 modern, affordable housing units, but could not add monetary value to the units or the entire project.

The NHA Managing Director disclosed that the NHA would provide the land while the company funds the investment.

It is not clear what the company would get in return for the huge investment in Liberia.

But the president of the company speaking through an interpreter said, his company’s investment in Liberia to support President George Manneh Weah’s pro-poor agenda by providing affordable housing units for the poor.

He said the number of housing units to be built would be based on the government’s request and would range from one to three-bedroom units.

He boasted of constructing thousands of units in Ivory Coast.

+ posts

Related posts

Former President Ellen Johnson Sirleaf has boasted of her contribution towards the adjudication of justice in Liberia.

Dioda Wreh

Liberia: Mother, 24, Kills Baby over Alleged Boyfriend’s Frustration

OK FM 99.5

Liberian Students Chased off Liberian Embassy premises in Morocco

OK FM 99.5

President Boakai Warns Gov’t Officials

Godfred Badu Quansah

Liberia: GT Bank Manager Charged with Aggravated Assault

OK FM 99.5

Prosecution First Witness Testifies in ongoing trial of Journalist Tyron Brown’s alleged murderer

OK FM 99.5
OKAY COMMUNICATION INC.