The United Nations Office for Project Services (UNOPS)
Construction to start on 6,500 affordable homes in Ghana
Local factories will produce high-quality homes, which will include energy-efficient solar rooftops. The site will also include school, medical centre, shops and sports facilities.
UNOPS S3i initiative is currently under review.
Up-to-date information can be found here.
The development of 6,500 homes has begun in Amasaman, near Accra, in the first part of an ambitious project by the government of Ghana, UNOPS and Sustainable Housing Solutions (SHS) Holdings, to build 200,000 affordable and sustainable homes.
The project will support the local economy and help reduce the country’s current housing deficit of two million units.
[This project] demonstrates clearly what UNOPS Social Impact Investing Initiative sets out to achieve: Supporting national development agendas through helping attract financing from the private sector.
Local employees will carry out all production and construction, creating several thousand new jobs. SHS has established a local factory to make building materials needed for the homes, which will be constructed with energy-efficient materials, including solar panels.
“Home ownership within a growing working class is one of the most fundamentally integral parts of a developing economy,” said Ghana’s Vice-President, Mahamudu Bawumia. “We look forward to the benefits this project will bring to the good people of Ghana.”
“Our goal is to provide high-quality affordability. We are committed to large scale training and education, creating local jobs for thousands which will boost the local economy and make use of local materials and services wherever possible,” said Dr. Allen Zimbler of SHS.
Similar projects will soon start that will deliver more than 800,000 affordable homes across Ghana, India, Kenya, Pakistan and the Carribean – making the initiative one of the most ambitious affordable housing projects in the world.