Group Consortium Africa a leading housing provider in Africa has signed a twenty-five million dollars ($25million) housing project with its Gambia partners in Banjul.
The initiative that is earmarked to addressing the dire housing needs for low income earners in the country is to pioneer a pilot project of constructing three thousand five hundred houses not later than July officials disclosed.
At a signing ceremony hosted at a local hotel in Banjul, Theophane Martial Nikiema, President of Group Consortium Africa expressed delight about the milestone registered, disclosing that providing affordable and durable housing for low income earners is the hallmark of his company’s intervention in Africa and Gambia no exception.
According to him, the signing ceremony of this landmark project in the Gambia will go a long way in providing housing to the nation’s teeming number of nurses, teachers, industrial workers, service men among other vulnerable, revealing that the project earmarked to build three thousand five hundred compounds for low income earners as a start and will continue to expand as the company grows in the country.
Theophane Martial Nikiema, thanked his Gambian partners as well as the government for all the efforts rendered in actualizing the project in The Gambia, disclosing that Group Consortium Africa is currently operating in Burkina Fasa, Ivory Coast, Benin and now The Gambia with potential to grow across the continent.
“This project will not only provide housing units to Gambians but it will also create employment opportunities to many Gambian youths and there is no doubt that this project will significantly reduce the ‘back-way’ syndrome in the country. We want to encourage all Gambians especially the low-income earners to join this scheme in a bit to own their own compounds in the country,” said Mam Sait Njie, Group Consortium Africa Partner in Gambia.
“The dire need of housing for low income earners couple with the despicable conditions most of these people goes through ignited the need to forge partnership with Group Consortium Africa to address these sufferings of many Gambians, adding that interested bidders will be charged with monthly payments for a period of ten years,” he said.
Hagie Baniko Sissoho, proprietor of Star TV and Radio said the signing of the twenty five million dollars ($25million) housing project is a monumental one that too months to finalized, revealing that Gambia have been far behind in such domains but with the partnership established with Group Consortium Africa this will become the thing of past.
“This project will significantly reduce unemployment among the youths of the country who are forced to venture into life threatening situations. It will provide five thousand jobs for the youths as well as provide income generating activities for many other youths,” Sissoho said.
he commended Gambia government for rendering all the needed supports through the ministry of local government and lands, adding that government cannot do it all but the participation of every citizen the country can develop faster than expected.
“I want to thank Group Consortium Africa and the partners on the ground for coming this far, there is no doubt, this project will go a long way in addressing the poor housing condition of thousands of Gambians especially the low-income earners. I am encouraging low income earners working in and outside of government to take advantage of this project in fulfilling their dreams of owing their own houses,” he said.
