The government is in the final stages of constructing 185 housing units for public servants in the Ashanti Region, replacing existing bungalows on lands returned to the Asantehene through an Executive Instrument. Apexnewsgh reports
This development comes after 400 acres of state land in Kumasi’s Ridge Residential Area were released to Otumfuo Osei Tutu II in 2022, following the issuance of Executive Instrument 432 of 2021 for the Redevelopment of Sector 18 of Kumasi.
According to Ashanti regional lands officer, Peter Osei-Wusu, the decision to revert lands to the Asantehene was rooted in the historical context of uncompensated land acquisitions during the colonial era. He explained that the Asantehene’s request for the return of certain lands was legitimate, given the absence of compensation for lands acquired during colonial times. A mutual agreement was reached, where half of the lands were allocated back to the Asantehene.
Construction of new facilities to replace the 116 state bungalows is nearing completion, with approximately 200 units expected to be available upon project completion.
To finance this initiative, part of the lands retained by the government were allocated to private developers in exchange for constructing housing units. Osei-Wusu emphasized that thorough processes were followed, including assessments by the Ghana Institution of Surveyors for value for money and approvals from the Public Procurement Authority for the commencement of construction by contractors.
Source: Apexnewsgh.com
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Regarding the financial aspect, Osei-Wusu reassured that the government is not disadvantaged in the deal, as the land values are evaluated at around US$600,000 per acre, matching the cost of construction. Ashanti Regional Minister Simon Osei Mensah expects these homes to be ready for occupancy by the end of the year, reflecting the government’s commitment to addressing housing needs in the region.