Real estate developers in Ghana are confident contractors will execute better contracts if they get the needed and right funding.
Contractors have for some time now come under severe backlash from Ghanaians and government over the use of inferior goods to construct substandard roads and buildings.
But speaking to Citi Business News the Chief Executive Officer of Quao Realty, Charles Quao believes contractors will do a better job when given the needed funding at the right time to execute their contracts.
“I think it varies because first, we have to look at the budget. If you are asked to price it within a certain amount you know is below what the foreign contractors are paying, of course, you will not get the same quality. But if you are paid well and there is a good oversight then, of course, you can get the quality you want.”
He added that Ghanaian contractors have massive potential and must be given the necessary funds to exhibit their full potentials.
“So I think Ghanaian contractors can deliver but it goes back to budget and funds, right equipments to perform a good job and others” he added.
Mr. Quao spoke to Citi Business News at the sidelines of the groundbreaking ceremony of legacy square development project at East Legon in Accra.
Quao Legacy are the developers of legacy square.
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By: Jessica Ayorkor Aryee/citibusinessnews.com/Ghana