General News of Tuesday, 20 July 2010

Source: GNA

Take advantage of the economic stability - Opoku-Manu

Kumasi, July 20, GNA - The Ashanti Regional Minister, Mr Kofi Opoku-Manu, on Tuesday appealed to civil servants to take advantage of the country's macro-economic stability and take bank loans to run houses.

He said this was important to provide them with some social security and a bit of comfort when they go on pension.

They should, however, see to it that these loans are repaid on schedule to enable others to benefit from such facilities.

Mr Opoku-Manu said this when a technical team of "Bear Afric", a construction company in Kenya, accompanied by the Regional Executive of the Civil Servants and Local government Staff Association of Ghana (CLOGSAG) and the Chief of Adubinso-kese, Nana Owusu Piasa II, paid a courtesy call on him.

They were there to inform the Minister of the acquisition of a 350-acre land at Adubinso-kese in the Afigya-Kwabre District by the association for construction of 6,000 housing units for its members.

The Kenyan company would undertake the job.

Mr Opoku-Manu said housing for civil servants had been a nightmare and therefore he was happy that the association had taken the initiative to tackle the problem.

Mr Kwame Asamoah-Dwomoh, Ashanti Regional CLOGSAG Chairman, said after three years search, they now had financiers to support the take off of the project.

He said the houses would be built in phases for three years.

Mr Richard Addo, a representative of the Company in Ghana, said they were pleased with the country's investment climate.