Gov’t to inject $3B into housing sector

With the injection of $3 billion in the housing sector, the new PPP/C administration intends to provide at least 50,000 house lots to Guyanese during the current five-year term in office and those who are already beneficiaries of the pre-2015 housing initiatives will see improved services in the various communities.

This was disclosed by Minister of Public Works Juan Edghill while performing the functions of Minister of Finance in presenting the administration’s emergency budget to the National Assembly last Wednesday.

“Young professionals, individuals with an immediate need and persons with adequate disposable income will be facilitated to commence construction. Private developers are also included as part of the comprehensive housing strategy,” the Minister announced.