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Politics News

Housing forum attracts foreign countries

Liberia’s First National Housing Forum (NHF) since 1960 has attracted several European and African countries that are hoping to invest in the housing and real estate business here.The forum kicked off Wednesday, 9 October at the Millennium Guest House and Suites in Oldest Congo Town, outside Monrovia.

The National Housing Authority (NHA) in partnership with Farafina Investment Group Inc., convened the three – day forum under the Theme: “Providing Housing For The People Is Our Priority”.

France, Belgium, Italy, Malaysia, Ivory Coast, Benin, Burkina Faso, and some commercial banks are attending the forum aimed at seeking business venture in the housing sector in Liberia.
Addressing the forum, NHA Managing Director Madam Cecelia Cuffy-Brown stressed that the government under President George M. Weah’s leadership, places housing among its main priorities.

She notes that government has been able to commence the construction of 5000 housing units along the Monrovia-Roberts Field Highway.She says a total of 61,000 housing units will be delivered within five years.The NHA boss however pleads for support for the entity to achieve its plan for the development of modern cities.

She concludes that the NHA has managed to construct 2,180 housing units, adding that the current national housing demand by 2030 is projected at 512,000 units.
Representatives of the Techno Construction of Italy, Ivory Coast, Burkina Faso, Benin, Malaysia and others have given their experiences regarding housing units projects, with some calling on the NHA authorities to enforce the country’s zoning law.

The forum will further feature the NHA technical department, partners, banking institutions, construction companies, diaspora community, building material stores and dealers.By Emmanuel Mondaye–Edited by
Winston W. Parley

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