Headlines for African Home Building News
The Ghana Institution of Engineering (GhIE) held its 43rd induction ceremony.
Ghana’s real estate economy continues to grow with the latest opening of NK Luxury Apartments.
Report Highlights Growing Gap Between Housing Demand and Supply in Greater Toronto Area
The Ghana Institution of Engineering (GhIE) held its 43rd Induction Ceremony at the Engineering Centre, Roman Ridge, Accra, on Thursday, September 26, 2024, where 114 new engineering professionals were inducted.
The inductees included 103 candidates who participated in the Professional Engineering Examination held in May/June 2024, and 11 candidates who successfully completed the Confirmation Hearing route.
Of the 103 inductees, 47 were from the Civil Technical Division, 21 from the Mechanical/Agric Technical Division, 9 from the Chemical/Mining Technical Division, and 26 from the Electrical/Electronic Technical Division. Meanwhile, the 11 inductees who passed the Confirmation Hearing route were made up of three from the Mechanical/Agric Technical Division, four from the Chemical/Mining Technical Division, and four from the Electrical/Electronic Technical Division.
Administering the Engineering Oath, GhIE President Ing Kwabena Bempong encouraged the new engineers to continuously upgrade their skills, stay informed of industry trends, and maintain high ethical standards. He emphasised the profession’s integrity, noting that engineers are not just technical experts but problem solvers whose work has a significant public impact. The choices they make should prioritise safety, sustainability, and public interest.
In his remarks, Ing Dr. Samuel Boamah Danquah, representing the Chairman of the Membership Committee, Ing Dr. Patrick Amoah Bekoe, explained the membership requirements of the institution.
He outlined that becoming a member of any of the four occupational groups—Professional Engineer, Professional Engineering Technologist, Engineering Technician, or Engineering Craftsman—requires a minimum educational qualification and three years of post-qualification experience. Candidates meeting these criteria are eligible to sit for their respective exams.
Past President of GhIE, Ing Dr. Kofi Asare Yeboah, advised the new inductees to remain honest, punctual, and attentive to societal needs, reminding them that engineering is about solving problems for the community. Similarly, the Chairman of the Engineering Council of Ghana, Ing. Dr. Kwame Boakye, emphasised the importance of leadership roles for engineers in the country’s development. He urged the inductees to actively participate in the institution to maintain their licenses and contribute to national growth.
The event was attended by Vice President of GhIE, Ing Sophia Abena Tijani, President-Elect Ing Ludwig Hesse, Executive Director Ing David Kwatia Nyante, council members, past presidents of GhIE, and family members of the inductees.
NK Luxury Apartments recently opened in Ablekuma Newtown, marking a significant step in the area’s real estate development.
CEO Daniel Acquaye emphasised that the apartments aim to offer stylish living spaces while also benefiting local businesses and contributing to the economy. Ike Amoako,
President of Ike City Hotel and Group highlighted the importance of affordable and comfortable housing in today’s market.
NK Luxury Apartments is set to redefine modern living in Ablekuma Newtown, bringing both luxury and economic growth to the community. The project aims to bridge the gap between upscale housing and local economic opportunities, creating a more vibrant neighbourhood.
In International News
The Building Industry and Land Development Association (BILD) report highlights a growing gap between housing demand and starts in the Greater Toronto Area, with applications dropping from 2,428 in 2021 to 1,225 in 2024.
Key findings include worsening housing affordability since 2010, insufficient new builds, and rising municipal development fees. High regulatory burdens and delays in permit approvals are significant cost drivers, adding up to $90,000 per unit.
Despite these challenges, Ontario’s government has introduced measures such as Bill 23 and Bill 185 to streamline the permit process and reduce barriers. Housing affordability remains a critical issue, as Canada’s population growth outpaces housing supply amidst labour and regulatory constraints.
Source : Africa Home Business News Joycelyn Magazine
