Minister of Works and Housing. Mr. Gilbert Adjei has announced that Government has concluded the Joint Venture (JV) arrangement for the Saglemi Affordable Housing Project among all parties and is expected to be formally executed in the coming weeks.
The Minister revealed this when he took his turn at the Government Accountability series at the Jubilee House on Wednesday, January 28, 2026
Minister of Works and Housing. Mr. Gilbert Adjei
He said the ministry is actively taking steps to complete stalled affordable housing units across the country.
“My ministry has intensified engagement with the selected developer for the completion of the Saglemi Affordable Housing Project. Following the completion of the developer selection process led by Deloitte Ghana, the head of terms has been duly signed by both parties,” the Minister revealed.
He added that the joint venture arrangement, as well as the shareholders’ agreement, has been drafted and mutually agreed upon. “The document is currently with the Attorney General for review and finalisation,” he noted.
Mr Adjei also highlighted progress on other government housing projects managed by the State Housing Company Limited (SHC). “Similarly, SHC continues work on key projects, including the surge homes development at Amrahia and the SHC Gardens project. Both projects are currently at 68% and 70% completion, respectively,” he said.
The Minister further highlighted the work of the National Home Ownership Fund, which supports affordable housing through construction financing
He added that the joint venture arrangement, as well as the shareholders’ agreement, has been drafted and mutually agreed upon. “The document is currently with the Attorney General for review and finalisation,” he noted.
Mr Adjei also highlighted progress on other government housing projects managed by the State Housing Company Limited (SHC). “Similarly, SHC continues work on key projects, including the surge homes development at Amrahia and the SHC Gardens project. Both projects are currently at 68% and 70% completion, respectively,” he said.
The Minister further highlighted the work of the National Home Ownership Fund, which supports affordable housing through construction financing
“These reforms aim to modernise outdated legislation, eliminate regulatory bottlenecks, and incentivise private sector investment into rental housing. Key priorities include maintaining tenant protections, especially for low-income and vulnerable groups, while also regulating hostel accommodation fees across the country,” he explained.
Towards the end of 2025, the National Rent Committee was organised to validate and streamline the proposed amendments. The ministry is now taking the necessary steps to resubmit the revised bill to Cabinet and subsequently to Parliament for consideration and approval.
The Minister who disclosed that the Phase 2 of Blekusu Coastal Protection project is 25% complete also stressed that the Ministry is building a resilient and a modern society that enhances economic and social wellbeing of Ghanaian.
source:www.senaradioonline.com
