{"id":275252,"date":"2011-02-02T04:20:32","date_gmt":"2011-02-02T04:20:32","guid":{"rendered":"http:\/\/www.ghanamma.net\/?p=50392"},"modified":"2011-02-02T04:20:32","modified_gmt":"2011-02-02T04:20:32","slug":"bring-back-stx-deal","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/02\/02\/bring-back-stx-deal\/","title":{"rendered":"Bring Back STX Deal"},"content":{"rendered":"<p>Minority spokesperson on Finance, Dr.  Anthony Akoto Osei, has asked for the Housing Agreement between the  Government of Ghana and the STX Engineering and Construction Limited to  be scrutinized by parliament.<br \/>\nMaking the demand on the floor of  Parliament, Dr. Akoto Osei, who is also the Member of Parliament (MP)  for Old Tafo, stressed that Parliament, which represented the people,  must be given a new agreement that had been signed by the two parties  for the construction of 200,000 housing units in the country.<br \/>\nParliament  approved the $10 billion STX Korea Housing loan deal on August 3, 2010  between the Government of Ghana and STX Engineering and Construction  Ghana Limited, amid protracted controversy as the Minority protested the  transaction was too costly for the country.<br \/>\nFollowing the  parliamentary approval, a new agreement was signed between the two  parties and Government indicated that $1.5 billion of the total amount  would be used by the Korean company to construct about 30,000 housing  units for the country\u2019s security agencies.<br \/>\nPresident Atta Mills  cut the sod Thursday January 27, 2011 for the commencement of the  ground-breaking housing project. However, Parliament has not been given  the agreement for appraisal.<br \/>\nResponding to the request by the  Minority spokesperson on Finance, the Leader of Government business in  Parliament, Cletus Apul Avoka, gave the assurance that Parliament would  revisit the issue to ensure the Government brought the agreement to the  House.<br \/>\nMeanwhile, the Minority leader, Osei Kyei-Mensah-Bonsu,  has described the Mills administration as stiff-necked after it turned a  deaf ear to the advice from the minority side on the STX deal.<br \/>\nOsei  Kyei-Mensah-Bonsu, who is also the MP for Suame, told XFM, an  Accra-based radio station that \u201cGovernment is stiff- necked. They want  to damn the consequences and do it. The advice is out there. We ask that  if you cleanse this whole agreement, we could have value for money and  we could have more houses if we straighten it up.\u201d<br \/>\nThe Minority  Leader reiterated an earlier position that the NPP was not against the  deal in its entirety, stressing that the proper thing needed to be done.  He said the fact that the country needed houses for its people did not  mean it should be done at any cost. &#8220;So we are saying that we admire  this effort to confront the problem and help solve the housing deficit  but this agreement is not in the best of forms.<br \/>\nWe can have a  second look at it so that if you want to pursue the STX agreement, then  we can have more houses from this. Government says no,&#8221; Minority Leader  lamented.<br \/>\nPresident Mills cut the sod for the start first phase  of the housing project at the Police College in Accra, during which he  indicated the better Ghana agenda would be vindicated by the completion  of the 200,000 housing units within the next five years.<br \/>\nHe was  grateful to STX Korea for partnering Government to execute one of its  manifesto promises of providing housing for Ghanaians, warning the  company not to do a shoddy job. \u201cThe project is anchored to the NDC\u2019s  2008 manifesto commitment to expanding infrastructure and its successful  implementation will be a vindication of our social democratic tenets,  as well as our commitment to building a better Ghana,\u201d President Mills  stated.<br \/>\nAccording to him, the sod-cutting ceremony in this  \u2018action year\u2019 underscored government\u2019s desire to reduce the country\u2019s  housing deficit and give decent accommodation to the hardworking  Ghanaian workers.<br \/>\nAlban Kingsford Sumana Bagbin, Minister for  Water Resources, Works and Housing, is excited that the STX deal has  become a reality after 13 months of several discussions. He indicated  the construction of the 30,000 housing units would take place at five  different locations nationwide.<br \/>\nThe project, he reiterated,  confirmed NDC administration\u2019s \u201cstrong uncompromising commitment to  delivering a better Ghana by providing world-class affordable housing  units to all Ghanaians.\u201d \u201cWhen we achieve this goal, we would leave our  people a legacy that will enable them to live the kind of lifestyle  desired by all of us,\u201d Alban Bagbin, who is also the MP for Nadowli  West, said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minority spokesperson on Finance, Dr. Anthony Akoto Osei, has asked for the Housing Agreement between the Government of Ghana and the STX Engineering and Construction Limited to be scrutinized by parliament. Making the demand on the floor of Parliament, Dr. Akoto Osei, who is also the Member of Parliament (MP) for Old Tafo, stressed that [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-275252","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bring Back STX Deal - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/02\/02\/bring-back-stx-deal\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bring Back STX Deal - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Minority spokesperson on Finance, Dr. Anthony Akoto Osei, has asked for the Housing Agreement between the Government of Ghana and the STX Engineering and Construction Limited to be scrutinized by parliament. 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