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Guinea government agrees deal with AHWA worth US$207m.
Guinea’s Ministry of Housing and Urban development has sign a deal with AHWA to build 4,000 homes for its citizens. AHWA stands for American Homebuilders of West Africa (AHWA) and the deal is worth US$207m.
Guinea sign the deal with AHWA so as to increase the standard of homes in the nation. This is because most of the homes in the nation are below the level required to address the needs of the population.
AHWA was chosen because they have demonstrated over the past five years their commitment to working with local citizens. They have also worked with members of the Guinea diaspora, and other agencies of the government of Guinea.
AHWA will use the two existing developments in Gomboyah and Doumbouyah. This will help them to create a road map for construction of 4,000 homes in Guinea, from social housing to high-end accommodations.
AHWA CEO, Jonathan Halloran said We have invested a great deal of time and energy negotiating this agreement. He also said they have built an investment program that will serve the needs of the Guinea population.”
According to him, “we will launch this next phase of our work in Guinea”. This will address the housing deficit in partnership with professional real estate developers.