• Short Summary

    A HOUSING PROJECT DESIGNED IN ITS FIRST STATE TO PROVIDE NEARLY 300 NEW HOMES IS BEING BUILT BETWEEN ACCRA AND TEMA.

  • Description


    PROJECT SIGNBOARD; VARIOUS SHOTS OF MEN AT WORK; COMPLETED HOUSES.




    Initials JSU/VS/JF/ES



    Script is copyright Reuters Limited. All rights reserved

    Background: A HOUSING PROJECT DESIGNED IN ITS FIRST STATE TO PROVIDE NEARLY 300 NEW HOMES IS BEING BUILT BETWEEN ACCRA AND TEMA. THE SCHEME IS BEING FINANCED BY THE GHANAIAN GOVERNMENT, THE NATIONAL INVESTMENT BANK AND THE WEST GERMAN FIRM OF NEUE HEIMAT INTERNATIONAL.

    THE SCHEME WAS FIRST PROPOSED IN 1963 WHEN NEUE HEIMAT OFFERED TO FINANCE IT JOINTLY WITH THE NATIONAL INVESTMENT BANK. BUT IT WAS NOT UNTIL FEBRUARY 1967 THAT GHANA'S RULING NATIONAL LIBERATION COUNCIL, DECIDED THAT THE SCHEME SHOULD BE IMPLEMENTED.

    UNDER THE FIRST PHASE OF THE PROJECT 288 HOUSES OF SEVEN DIFFERENT TYPES ARE BEING BUILT. THEY HAVE BEEN SPECIALLY DESIGNED FOR THE GHANA HOUSING CORPORATION BY NEUE HEIMAT. THE TOTAL CONTRACT SUM FOR THE HOUSES, AIMED AT THE MIDDLE INCOME BRACKET, IS OVER 2,000,000 NEW CEDIS (GBP816,326 STERLING).

    PURCHASERS WILL BE EXPECTED TO MAKE A DOWN PAYMENT OF 20 TO 25 PER CENT ON THEIR NEW HOUSES. THE BALANCE WILL THEN BE PAID IN MONTHLY INSTALLMENTS SPREAD OVER A PERIOD OF 15 YEARS.

  • Tags

  • Data

    Film ID:
    VLVACEIP6LT8G1PEZD59IIFM3S9TU
    Media URN:
    VLVACEIP6LT8G1PEZD59IIFM3S9TU
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    09/07/1968
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:58:00
    Time in/Out:
    /
    Canister:
    N/A

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