The Minister for Works, Housing and Water Sources, Ken Gilbert Adjei, has charged the governing board of the TDC Growth Firm Restricted to be guided by revolutionary and sound governing ideas as the corporate strives to supply accessible, reasonably priced, and environmentally sustainable housing options to Ghanaians particularly the underserved.
Talking on the inauguration of the brand new board of the TDC Growth Firm Restricted in Accra, the sector minister noticed that one of many main hurdles impeding housing affordability was the infrastructural burden TDC assumes in new developments.
He stated the prevailing mannequin, whereby the corporate pre-finances utility infrastructure for businesses such because the Electrical energy Firm of Ghana and the Ghana Water Firm, significantly will increase growth prices.
Mr Adjei implored the board to pursue a complete and responsive nationwide coverage bodywork that comes with cost-sharing mechanisms, focused government subsidies, fiscal incentives and public-private partnerships.
The minister additionally urged the board to work intently with the State Pursuits and Governance Authority (SIGA) to outline measurable and bold Key Efficiency Indicators (KPIs) for the corporate’s administration.
“These KPIs ought to function a strategic compass and an operational benchmark for continuous enchancment of TDC,” the minister acknowledged.
With TDC’s expanded operations now past the Tema Acquisition Space, Ken Adjei assured of the ministry’s readiness to facilitate entry to state lands, promote equitable negotiations with conventional authorities and effectively deploy statutory land acquisitions mechanisms.
Mr Adjei nonetheless expressed considerations in regards to the appreciable indebtedness owed to TDC by key state-owned entities, notably VALCO and the Tema Oil Refinery.
These organisations, the minister famous, proceed to occupy lands underneath expired lease agreements.
He urged the board to guide a clear however resolute effort to regularise any present organizements and pursue viable debt restoration options with agency diplomacy.
The Board Chairman, Mr Isaac Odamtten, on behalf of the board expressed their profound
gratitude to His Excellency John Dramani Mahama for the opportunity to contribute to his imaginative and prescient.
He assured that the board would put their experience and their unwavering dedication on the disposal of TDC to make sure that the minister’s imaginative and prescient and by extension the president’s mandate within the housing sector was fulfilled.
The Seven-member Board has Mr Isaac Odamtten because the Chairman, Braveness Okay. M. Nunekpeku (Managing Director), Ebenezer Sam, Adam Awal, Rev. Mrs Barbara L. Ayensu, Elliot Gordor and Abdul Gafaru Ali Esq as members.
BY TIMES REPORTER
