Thursday, April 25, 2024
spot_img
HomeDevelopmentsSt Vincent PM impressed with Guyana’s affordable housing programme

St Vincent PM impressed with Guyana’s affordable housing programme

GEORGETOWN, Guyana, (DPI) – St Vincent and the Grenadines prime minister, Dr Ralph Gonsalves has described the government’s affordable housing programme as ‘impressive’, noting that it is an excellent initiative, during a four-day state visit to Guyana.

Dr Gonsalves visited the low-income homes and DurvaVilla units in Great Diamond, East Bank Demerara. Housing and water minister, Collin Croal led the delegation along with local government and regional development minister, Nigel Dharamlall.

“I was very impressed with the project in which the government of Guyana is involved in building low-income houses. I think it’s an excellent initiative by president Ali and his government, to build so many houses, he tells me that the target is 25,000 within a particular time frame. This is incredible,” Dr Gonsalves told the department of public information.

The low-income concrete units cost $5.5 million each, including the land. It measures 600 square feet and consists of two bedrooms, a living room, a washroom area and other amenities.

As part of its national housing programme, the government is also constructing moderate and middle-income units and young professional homes.

The St Vincent prime minister highlighted that the cost of the unit is one of the best in the region.

“That is fantastic value for money, clearly there is a heavy government subsidy there. We have been engaged in St Vincent and Grenadines since 2001, my government with low-income and low and middle-income houses. In fact, we have a category of those called low-income houses and these prices, are certainly better than ours,” he related.

The team also visited the DuraVilla’s housing operations at Land of Canaan, where all modular components of the homes are manufactured.

He revealed that his government will purchase 15 of the homes from the local company as part of the island’s rebuilding efforts after the volcano eruption in 2021. Arrangements are being made to deliver the homes by March this year.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Republic Bank breaks ground on Rodney Bay City Centre Investment Project

The first phase will be the home of RBEC regional headquarters and a new Rodney Bay Branch for the bank’s Saint Lucian customers. ...

Global News

IMF launches new regional office in Saudi Arabia

RIYADH, Saudi Arabia: The International Monetary Fund (IMF) will open a new regional office in Riyadh, Kingdom of Saudi Arabia (KSA) to enhance the partnership...