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Tuesday, June 17, 2025

Transfer Saglemi Housing Project to TDC – Group urges government

Convener of Team Saglemi Not for Sale,  Nana Otu Darko Convener of Team Saglemi Not for Sale, Nana Otu Darko

A group calling itself ‘Team Saglemi Not for Sale’ has called on the government to hand over the Saglemi Housing Project to the Tema Development Corporation (TDC).

Addressing a press conference in Accra on Monday, June 16, 2025, the Convener of the group, Nana Otu Darko, argued that TDC, as a state-owned entity, possesses a proven track record, technical competence, and a strong public sector orientation.

He stated that TDC is best positioned to take over the project, citing the corporation’s expertise in project management, construction supervision, and urban development.

Darko referenced the successful execution of the Kpone Affordable Housing Project and other large-scale housing and infrastructure developments as evidence of TDC’s capability.

“We are therefore calling on the government to: (1) Halt any intended sale of the Saglemi Housing Project to private interests; (2) Officially hand over the project to TDC Ghana Limited for completion and public use; and (3) Provide the necessary financial and institutional support to TDC to enable swift resumption and completion of the project,” he said.

“We strongly believe this project must remain under public ownership and control and be completed for the benefit of ordinary Ghanaians. This aligns with the original vision of the previous government,” he added.

Otu Darko further emphasised that entrusting the project to a state-owned agency would ensure that taxpayer funds are properly utilised and that the housing units remain accessible to Ghanaians at affordable prices.

Background of the Saglemi Housing Project

Initiated in 2012 by the National Democratic Congress (NDC) government, the Saglemi Affordable Housing Project was intended to deliver 5,000 residential units to help address Ghana’s housing deficit.

Located in Prampram, in the Ningo-Prampram District of the Greater Accra Region, Phase One of the US$200 million project saw the construction of 180 blocks comprising over 1,500 flats. However, the project has since stalled, with the units remaining unoccupied for years.

Government’s recent actions

In September 2024, the New Patriotic Party (NPP) government announced plans to transfer the Saglemi Housing Project to a private developer.

This was disclosed by the Minister for Works and Housing, Kojo Oppong Nkrumah, at a press briefing in Accra on Monday, September 30, 2024.

He explained that the current value of work completed would be treated as the government’s equity in the project.

Under the arrangement, proceeds from the eventual sale of the completed homes would be shared between the government and the private partner, based on their stake in a newly established Special Purpose Vehicle (SPV).

The minister confirmed that five firms had submitted bids, with Quarm-LMI Consortium and Broll Ghana Limited shortlisted for final negotiations.

SA/MA

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