Ghana has actively promoted foreign investment in its real estate market.
At the UK Construction Week in London, Minister of Works and Housing Kojo Oppong Nkrumah led a delegation of contractors, architects, and real estate developers. He emphasized the great potential for international investors to collaborate with Ghanaian developers in order to address the housing deficit in the nation.
Due to its expanding population and urgent housing shortage, Ghana offers a profitable real estate investment market. To assist us in creating contemporary housing that satisfies the demands of our people, we are looking for partners who can provide both cash and cutting-edge technology, according to Oppong Nkrumah.An annual event, the two-day program unites over 300 of the leading firms in the construction sector by giving professionals and fans alike a forum to learn about the newest advancements, technology, and trends influencing the industry.
The presentation made by the Minister attracted a lot of interest from possible technological and finance partners.
A number of them conveyed a strong desire to investigate prospects for housing development in Ghana, acknowledging the unexplored potential of the market and the government’s dedication to establishing a favorable investment atmosphere.
However, the Ghanaian team also presented a number of projects to potential investors, highlighting the nation’s favorable investment laws and economic stability as the reasons that set Ghana apart from other countries as a real estate investment destination.
The occasion also promoted discussion on industry-specific problems, including digitalization, workforce development, and sustainability concerns that affect the construction industry.