Headlines for Property Express News
Ghana Property Awards 2024 to be Streamed Live Across the Diaspora
Vice President Bawumia Urges Construction Sector to Embrace Sustainable Practices in Response to Climate Change
Immigrants Feel Unfairly Blamed for Canada’s Housing Crisis, Poll Finds
The Ghana Property Awards 2024 is set to recognize excellence across various categories, including real estate development, architecture, and property management.
The awards will highlight key players who have made remarkable contributions toward advancing Ghana’s infrastructure and housing sectors, with a focus on sustainable practices and innovation.
This year’s theme, “Nurturing Capital Market for Ghana’s Infrastructure Growth, emphasizes the critical role of financial markets in supporting the growth of the property sector. By attracting investments and promoting transparency, the capital market can serve as a catalyst for the development of modern infrastructure that aligns with the country’s long-term vision.
The live streaming of the event to audiences worldwide reflects the growing global interest in Ghana’s booming property market. It also provides an opportunity for investors, industry stakeholders, and Ghanaians living abroad to engage with developments back home.
Through this platform, the Property Express Group continues to elevate the visibility of Ghana’s property industry on the global stage.
The Vice President, Dr. Mahamudu Bawumia, has urged the construction industry to embrace sustainable practices as a response to the growing challenges posed by climate change.
He emphasized that the sector has a unique opportunity to shape a future where buildings and infrastructure can withstand the increasingly extreme weather patterns driven by climate change.
Dr. Bawumia’s remarks were delivered on his behalf by Dr. Prince Hamid Armah, Deputy Minister for Works and Housing, during the opening of the 6th Annual General Meeting and Conference of the Ghana Chamber of Construction Industry (GhCCI) in Takoradi.
The two-day event, held under the theme “Climate Adaptation Strategies in Sustainable Infrastructure Development – the role of the construction sector players,” highlighted the need for urgent action within the sector.
The Vice President outlined the government’s collaborative efforts with international partners like the United Nations Human Settlements Programme (UN-Habitat), United Nations Office for Project Services (UNOPS), and United Nations Environment Programme (UNEP). Together, they have launched the “Transforming the Built Environment through Sustainable Materials” project, which provides a comprehensive roadmap for decarbonizing the building and construction sector and promoting climate adaptation strategies.
He stressed the importance of stakeholder engagement, calling on government agencies, private sector entities, architects, engineers, and communities to work together in realizing the goals of this initiative. He also urged developers and contractors to prioritize sustainable construction practices, while architects and engineers should integrate climate resilience into their designs. Policymakers, he added, must enforce building codes that ensure environmental responsibility.
Dr. Bawumia highlighted that the NPP’s 2024 manifesto places a significant focus on climate-resilient infrastructure and green building practices, underscoring the party’s commitment to environmental sustainability.
Mr. Emmanuel Tetteh Martey, Chairman of the GhCCI, echoed these sentiments, calling for the industry to move beyond traditional methods and embrace sustainable and innovative solutions to mitigate the impacts of climate change. He also pointed to the pressing issue of illegal mining (galamsey) and its destructive effects on the environment, urging government and policymakers to take the lead in addressing these concerns.
Nana Dr. Appiagyei Dankawoso who chaired the event, reinforced the idea that the construction sector is in a prime position to develop and implement climate adaptation strategies, helping to build a more sustainable future.
Justice Amoh, CEO of Justmoh Construction Limited, concluded by stating that the industry’s responsibility goes beyond simply building roads and cities—it must also create communities that can thrive in the face of a changing climate.
A recent poll by Leger, commissioned for OMNI, reveals that nearly 70% of new Canadians believe politicians are unfairly using immigration as a distraction from the real causes of the housing affordability crisis, such as government policies and economic conditions.
Despite the federal government’s plan to reduce the share of temporary residents from 6.5% to 5% of the population, housing experts, like Prentiss Dantzler of the University of Toronto, argue that immigration is not the root cause of high shelter costs.
Instead, Dantzler emphasizes that the crisis is longstanding and exacerbated by specific regional factors.
