During a courtesy call by SuCasa Properties to secure government support and partnership in providing affordable luxury housing infrastructure, Mr. Asenso-Boakye stated, “I urge you to extend your project to the outskirt of Accra – to the other regions.”
The Minister also mentioned that his Ministry is considering a partnership in which the developer builds two-bedroom homes at the Nsawam enclave for a maximum of US$30,000, with the State covering 40% of the development costs by providing the government’s unencumbered lands, and the developer pays the remaining 20%.
As a sign of its dedication to the national affordable housing strategy, SuCasa Properties Ltd recently opened Phase-one of the No. 1 O’Grantson Communities at East Legon Hills, a development with 2,000 homes. The project’s sod-cutting ceremonies for phases two and three were also held during the event.
The team from SuCasa Properties was led by CEO Michael O’Grantson-Agyapong, who confirmed that the company had ambitions to grow into other parts of the nation and expressed appreciation for the Minister’s request. In our own business estimate and expectations, SuCasa is already positioned for additional regions, he said.
Using SuCasa Real Estate Expertise to Attract FDIs.
Also, Mr. O’Grantson-Agyapong gave the Minister a presentation about a fresh initiative by his company dubbed the SuCasa Real Estate Experience. According to him, the campaign entails a worldwide trip to organize real estate conferences and promote investment prospects in Ghana for foreign direct investment and engagements with the diaspora.
He explained that the promotion of investment opportunities will be carried out by SuCasa Properties Ghana in collaboration with pertinent parties, such as the Ministry of Commerce and its affiliated organizations. The exhibition, he continued, is a component of the government’s Public Private Partnership Initiative initiatives for economic growth and development, and it aims to foster trust and confidence among the expatriate community so that it would make wise investments in Africa with respectable developers.
