Press Releases of Tuesday, 19 November 2024

Source: Eudirok Investment Ghana

Eudirok Investment Ghana Limited launches Regional Smart Cities project in Ghana

Eudirok Investment Ghana Limited Eudirok Investment Ghana Limited

Eudirok Investment Ghana Limited, in collaboration with its international partners, has officially launched the Regional Smart Cities Project, a bold initiative set to revolutionize urban living and economic opportunities in Ghana.

Held in Accra, the event brought together industry leaders and stakeholders who shared insights into the project's transformative potential.

A New Era of Affordable Housing
Mr. Eugene Oyoko Baah, CEO of Eudirok Investment Ghana Limited, described the project as a game-changer for Ghana. “This initiative positions Ghana as the first West African country to utilize advanced recycling technologies, converting rubber waste into affordable and sustainable building materials,” he said.

Baah highlighted the urgent need to address Accra’s overpopulation and soaring housing costs.

“Accommodation in Accra is expensive, and traffic congestion is a daily struggle. It’s time to rethink urban development by building new cities in other regions. Just as Nigeria shifted its administrative capital to Abuja, we must decentralize Ghana's economy to reduce reliance on Accra.”

He emphasized the economic benefits of the project, which will provide jobs for youth and artisans through a partnership with the Youth Employment Agency (YEA). “The Regional Smart Cities Project will not only create affordable housing but also empower the youth, ensuring they are integral to this transformative journey,” Baah added.

Building the Foundation of a Civilization Professor Arezki Dhamani, President of M.U.M Europe, framed the project as a monumental step forward for Ghana. “The Smart Cities Project is not just about infrastructure; it is a civilization project,” he remarked.

Dhamani underscored the importance of laying a strong foundation by aligning the initiative with environmental sustainability and ensuring public education and engagement.

“The first step is to develop a concept that harmonizes with the environment while fostering participation from all stakeholders. This foundation is essential for the long-term success of the project,” he explained.

Technological Innovations in Construction

Cherry Emmanuel, CEO of the Ghana Chamber of Construction, reflected on the groundbreaking technologies being introduced through the project. “Traditionally, construction in Ghana has revolved around concrete blocks. However, technology now allows us to use materials like recycled car tyres to produce plasterboards and prefabricated panels,” he noted.

He explained how these innovations could significantly lower construction costs while promoting sustainability. However, he also urged caution: “It is essential to test these materials thoroughly before adopting them on a large scale. They must prove their cost-effectiveness and suitability for Ghana’s unique conditions.”

Pioneering Sustainable Urban Development
The Regional Smart Cities Project aims to decentralize urban development, reduce environmental waste, and provide affordable housing across Ghana’s regions. By involving local artisans and youth, the initiative promises to foster economic growth and alleviate the pressure on Accra as the nation’s sole economic hub.

Eudirok Investment Ghana Limited’s bold vision sets a new standard for urban development in Ghana, offering a sustainable, inclusive, and forward-thinking approach to housing and regional growth.

About Eudirok Investment Ghana Limited
Eudirok Investment Ghana Limited is a trailblazer in sustainable development, leveraging innovative technologies to address pressing societal challenges. Their Regional Smart Cities Project reflects a commitment to creating a more equitable and environmentally conscious future for Ghana.