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EN
Over 80,000 jobs ignored
['Business Desk', 'Please Enter Your Name Here']
Business Day Ghana
“Ghana’s unemployment challenges could be solved substantially by paying attention to the housing industry, which has a value chain that can provide meaningful jobs for over 80,000 unemployed youth”, The Chief Executive Officer of Danywise Estate and Construction, Mr. Frank Aboagye Danyansah has disclosed to the Business Day.
“Ghana has a housing shortfall of 1.7 million units and this is expected to escalate by 2018, the youth unemployment is also surging; we can engage this young and active youth into the housing industry”, he stressed.
“If government does not support the private sector, it will be difficult for us to put up affordable structures,” he added.
He noted that the private sector is heavily dependent on private funding, which comes with high interest cost.
Mr. Danyansah suggested the need for the government to engage the services of domestic developers in policy design of housing, a move he stressed would create jobs for Ghanaians and retain profit in the country to bolster the national economy.
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