ARUA CITY: Renowned infrastructure mogul Eng Joel Aita of Joadah Consults and chairman of development infrastructure (DI) is set to kick start an ambitious housing project in the West African country of Liberia.
The first of the many Eco city projects is set to consume a whooping sh40 billion, enough to construct over 300 housing units, Eng Aita has said. He also said other related projects are expected to follow in the initial 10year contract period.
He said the developments stem from an invitation by Liberia’s vice president Ms Taylor Howard for an exploration visit into the different sectors of Energy, water and housing as the country continues its recovery from years of civil war.
Eng Aita said the agreements, in its final stages once signed, will be tripartite in nature in which the government, DI and a number of banks will partner to ensure low-cost housing estates for the country’s lower class people.
“The advantage they have is that they have a good housing policy in which banks can give you mortgage, like you are paying rent and after eight years, you own the house, so it’s a pay-to-own module, something we have learnt from Liberia that we want to bring back here in Uganda in the stone soup estates”, Aita said.
He was addressing a press conference with a delegation from the national housing authority of Liberia in Arua city on Thursday. The Liberian delegation was in the country to see some of the projects undertaken by DI and to sort some of the final terms of the contract before resumption of construction works.
Ms Cecilia Cuffy Brown, the managing director national housing authority who led the Liberian delegation said the partnership was the best way of doing a ‘brotherly and sisterly’ business and would lead to a win-win situation for both countries.
“One of the priorities of the president of the republic of Liberia is to ensure that every Liberian has a place of their own instead of renting, in the past three years, our president has vigorously gone into the villages replacing huts with homes with the very poor people and I think we are on the same path, this will benefit you here economically (profits) and yet he brings services to our people”, Ms Brown said.
She called upon the African peoples living abroad to come home and build their countries asserting that the continent is not a burial ground for people who spend all their lives living abroad and yet want to be buried back home but a continent of brilliant groups of people who should share their brilliance with one another.
“Every time we talk about investors, people think it must be white people but black people can also be investors and can work collaboratively to put their money together to impact different African settings and we can build our own countries”, she further assured.
Mr Henry Clarke, the deputy managing director national housing authority of Liberia (technical), said their team had been amazed with the kind of projects undertaken by Eng Aita and are grateful that such similar projects will now be undertaken in Liberia.
He singled out the earth bag technology whose houses are estimated to last for more than 200 years as one key impressive project that they are keen on as a country.
Eng Aita under his Joadah and DI companies has undertaken multibillion projects in Uganda including Mulago national referral hospital, Yumbe hospital reconstruction, Arua main market constructions and the multibillion Arua hill stadium project among others. He also has different projects in Rwanda, Malawi, Congo and a host of other African countries.