To further its target of providing 50,000 house lots by 2025, the People’s Progressive Party/Civic government has allocated $12.4 billion for the further development of the sector, according to Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh.
During Wednesday’s 2022 budget presentation, he said that the allocation would continue infrastructure works in housing areas and includes upgrading of 45.5 km of roads in 31 existing housing schemes in all of the regions except 7 and 8. Additionally, the allocation is intended for the construction of drains, structures and the installation of LED street lamps in the various housing settlements.
“Additionally, Government aims to complete the construction of the electricity distribution networks in the existing housing areas, and also to complete the procurement of electrical hardware for new housing areas,” he said.
