– malls, call centres, remigrant scheme for Providence
The Ministry of Housing says that it is confident that a 17,000-house lots target will in all likelihood be met earlier than expected.
As a matter of fact, some of the 10,000 house lots earmarked for the East Bank Demerara may be ready in as little as three months.
This was disclosed by Minister of Housing, Irfaan Ali, who visited the East Demerara area Wednesday to inspect clearing works which are currently underway.
The official, in a government release, pointed out that a critical supplementary budgetary provision was made last year to specifically target the East Bank Demerara housing development infrastructure project.
According to Minister Ali, some of the money was spent on the purchase of land from GuySuCo and the rest is being spent on the development of infrastructural works.
The official disclosed that lands for economic development would be focused on during the development of the area, which at its conclusion would see the development of 15,000 house lots, with some lots being ready by the end of April.
The first area of concentration, the Minister said, stretches for 1500 feet immediately aback Eccles, which at the end of the ongoing clearing exercise will give the first 1,000 house lots. It is bordered on one side by the Agricola main canal and on the other side by Providence.
“The first investment, in terms of infrastructure is more than $800M.”
Work has also commenced on the main high damn at Providence with the intention of opening up all the lands immediately behind the Guyana National Stadium. The Minister said that that area has approximately 200 acres of land that would be set aside for commercial development. The Minister pointed to the construction of businesses, malls and call centres that would generate income and create employment whilst acting as a support structure for the scheme in its entirety.
The second phase will see the completion of the area’s main access road currently at the design phase, which should see works starting soon.
The Ministry is currently engaging 13 developers, in a public/private partnership, to develop approximately 300-400 acres of land from the stadium to Mocha Arcadia main road, which will commence, soon.
There is also a special area to be developed for remigrants, which falls immediately after the commercial zone to the East Bank Public Road.
According to Ali, the development is to run simultaneously with the expansion of the East Bank Demerara corridor.
At Herstelling, a village immediately south of Providence, approximately 600 house lots are to be distributed.
Ali expressed confidence that the 17,000 house lots target set by President Bharrat Jagdeo for distribution by September of this year will be “monumentally” surpassed by the end of August.
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