The Minister for Works, Housing and Water Resources, Ahmed Ibrahim, has assured investors of Ghana’s readiness to welcome private capital, particularly into the housing and infrastructure sectors.
He said government is focused on creating a conducive business environment that will attract investors and support projects capable of driving national development.
Speaking at the sod-cutting ceremony for the Sentuo Airport Garden City Project on Tuesday, September 15, Mr Ibrahim urged investors to take advantage of Ghana’s strategic position and the opportunities available in the country.
He described Ghana as the “gateway to Africa” and said the country remained committed to working with the private sector to accelerate development.
“Ghana is the home of investors and is the most attractive place. The heart of the world, all investors are welcome. We are in business,” he said.
The Minister noted that public-private partnerships would remain an important part of government’s strategy to address the country’s infrastructure and housing challenges.
He said increased private sector investment, supported by government initiatives, would be essential to expanding housing delivery and improving access to decent accommodation.
Mr Ibrahim also expressed optimism that the collaboration between government and private developers would contribute significantly to reducing Ghana’s housing deficit, currently estimated at about 1.8 million housing units.
He said government is working towards substantially narrowing the gap in the coming years, with the potential of reducing the deficit to below one million units.
The Minister therefore encouraged investors to explore opportunities in Ghana and partner with government in delivering projects that meet the country’s growing housing and infrastructure needs.
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