Tag: construction industry
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![Construction industry still suffering as prices of building materials keep increasing [Video]](https://citibusinessnews.com/wp-content/uploads/2021/09/building-blocks.png)
Construction industry still suffering as prices of building materials keep increasing [Video]
For months now, prices of building materials in Ghana have seen a consistent surge, with no sign of respite soon. The price of cement, for instance, has increased by almost 43 percent between December last year and September 2021. The situation, according to analysts, is having a dire effect on the building industry. In this…
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Construction industry players demand feasible plans from political parties in their manifestos
Ghanaian contractors are challenging political parties to tell them about their policies towards the growth and development of the construction industry and indigenous contractors. They want this properly captured in their manifestos, so that they can hold whoever wins the elections in December 2020 accountable. President Akufo-Addo has stated that all the 88 district hospitals…
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Players push for passage of Construction Industry Development Authority Bill
The Ghana Chamber of Construction Industry is pushing for the swift passage of the Construction Industry Development Authority, (CIDA) Bill. The Bill, when passed, will make the professionals in the industry accountable and thereby get rid of sub-standard persons posing as contractors. Government has been urged to pass the Construction Industry Development Authority (CIDA) Bill…
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Construction Industry Chamber expresses concern over rising cost of building materials
The Ghana Chamber of Construction Industry has expressed concern about the rising cost of building materials particularly cement and its impact on the cost of housing. The Chamber says considering the country’s huge housing deficit and the rising cost of rent, it is imperative that government takes steps to ensure a reasonable pricing of goods…
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GREDA appeals to banks to renegotiate interest on loans due to impact of COVID-19
The Ghana Real Estate Developers Association, GREDA, is appealing to government to impress on banks to renegotiate loan agreements with its members due to the economic impact of the COVID-19 pandemic. According to the Association, government’s measures aimed at containing the spread of the disease, has negatively affected the construction industry due to the high…