Latest update November 15th, 2024 1:00 AM
$4.1B to be spent on East Bank development projects – Minister Ali
Over the next few months the newly established housing schemes along the East Bank of Demerara will see some major developments valued at some $ 4.1 B.
This is according to Housing and Water Minister Irfaan Ali, who said that plans are on stream for a well at Providence at a cost of $120 M; upgrade of roads in the Diamond Housing Scheme to the tune of $70M and a new access road to Mocha to the tune of $350 M.
Some of the house lot applicants await their turn during the One Stop Shop at the National Stadium, Providence yesterday.
The Minister made the announcement yesterday during yet another ‘One Stop Shop’ which was held at the Guyana National Stadium, Providence.
Already for the year, the government has developed more than 17,000 house lots, over 30 kilometres of roads, more than 30 kilometers of pure water network and 20 new access bridges.
Also at the ‘One Stop Shop’ yesterday some 1075 lots were allocated. The recipients were also given the opportunity to meet with officials of banks and other lending agencies who were onsite at the stadium. Also present were insurance companies and several entities which supply building materials.
The Minister also took the opportunity to make public the cost for the lands available in the Providence area. He noted that the Government has been doing its best to subsidize the cost for each house lot. According to Ali, the cost to develop each plot of land cost the Government some $1.4M while the highest cost for a plot of land is $1.2M.
The Providence Scheme will have lots allocated for a fire station, day care centre, water treatment plant, school and a recreational facility.
“The low middle income lots are subsidized by $1.1 M, the middle income lots have been subsidized by $900,000” the Minister pointed out. He further stated that already they are working on another 480 house lots in the second phase of the re-migrant scheme and the second phase of the Herstelling Scheme.
Further, while boasting of his Ministry’s development, Ali said there will also be a historic transformation of what used to be canefields and backlands.
“We are working to ensure that at the end of the development there will be a direct link from the East Coast to the East Bank of Demerara… that is the vision that we are looking at”.
An applicant is given advice by one of the officials
“Our vision is to integrate the East Coast with the East Bank and for the first time we will have a secondary access moving through from the East Bank through the East Coast,” Ali boasted.
Meanwhile, as the Ministry prepares to host its annual Building Expo – which will be held from July 6 to July 8 – the Minister took the opportunity to invite persons to visit the event as they embark on the journey of building and owning their own homes.
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