16 August 2011

Sierra Leone: NASSIT Unveils New Estates

Freetown — Private individuals and businessmen both in and out of the country over the weekend converged at the Goderich community to witness the commissioning of multi-purpose houses constructed by the National Social Security and Insurance Trust (NASSIT) as part of its strategy to ease the numerous housing challenges faced by Sierra Leoneans, especially those residing in the city of Freetown.

The six-apartment blocks which were constructed by a Ghanaian company, Regimanuel-Gray with support from NASSIT, are aimed at providing affordable housing facility for Sierra Leoneans. The structures, according to the scheme, are now open to the general public on rental basis.

Chairman Board of Trustees of NASSIT, Jacob Sylvester Kanu said the construction of the buildings was as a result of a joint partnership between the Ghanaian company and NASSIT in order to provide affordable houses at strategic locations across the country. He said 15 standard houses have been completed, 10 of which are fully furnished with modern equipments.

"These flats are available for rent on long, medium or short term basis," Kanu informed his audience at the commissioning ceremony. "The fully furnished flats go for $20,000 per annum; this means that for occupancy less than one year, the rent will be circulated appropriately based on the number of months. The sea view estate is an ideal place with ancillary facilities accessible by all tenants of the estate; this also includes sustainable electricity and water supply."

He added that the facilities were open to all Sierra Leoneans and business partners who may have interest in the housing scheme.

Managing director of Regimanuel-Gray noted that the project started in 2005 to provide good quality housing to the Sierra Leone market, noting that the company has provided more than 2,000 houses for the Ghanaian community.

"We have done our best to ensure that the houses are of high quality and meet international standards," he concluded.

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