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Real Estate and Construction
Recreational Properties
Recreational developments are built by private en-
trepreneurs interested in running the complex them-
selves. The Government of Ghana also owns cul-
tural properties in all the regions to promote tourism.
Predominate amongst these properties are the Ac-
cra Art Centre and the Centres for National Culture.
Construction Finance
With an stable economic environment, there is now
easy access to debt finance for construction in
Ghana. Financial institutions involved in construction
finance have no standardized lending conditions for
applicants. Each development is considered on its
own merits and depending on the risks associated
with the project, the institution grants the terms of
lending. Barclays Ghana, National Investment Bank,
Amalgamated Bank and HFC are some of the banks
offering construction finance in Ghana
Home Purchase Finance
(Mortgage Market)
The stable macroeconomic environment in Ghana
has resulted in the gradually growth in the mortgage
market in the country. Interest rates are now stable,
making it attractive for both financial institutions and
middle-income earners to participate in the mortgage
market. Funds are now available at competitive cost
and pricing, enabling people to afford decent hous-
ing. Most prominent mortgage lenders in the country
include HFC and Ghana Home Loan, although other
universal banks like Fidelity Bank, Barclays Bank,
UBA and Ecobank are also offering such products.
MAIN ENTITIES
GHANA REAL ESTATE DEVELOPERS ASSN
Dr. Alex Tweneboah
President
Trade Fair Site, PO Box TF 113, Accra
Tel: (+233) 30 2782531, (+233) 24 4318288,
info@gredaghana.org / www.gredaghana.org
MINISTRY OF WATER RESOURCES,
WORKS & HOUSING
PO Box M43, Ministries, Accra
Tel: (+233) 30 2673701 / Fax: (+233) 30 2673882
info@water-mwrwh.com / www.water-mwrwh.com
BIG AIDOO CONSTRUCTION LTD
Michael Aidoo
Managing Director
31
st
Mensah Sarbah Rd, Kokom-
lemle, Grace Villa Building, PO Box
ML 36, Mallam, Accra
Tel: (+233) 21 220598
Fax: (+233) 21 233618
bigaidoo@yahoo.com
From the inception stages to completion, Big Aidoo
provides end-to-end engineering solutions, quality
workmanship and ensures the prompt delivery of
projects tailored to the client’s specifications.
Its clients include the World Bank, I.M.F., D.F.I.D. and
the G.O.G. amongst others. It works closely with the
Departments of Feeder and Urban Roads, the Ghana
Highway Authority and other organizations and institu-
tions. Its technical experts have aided the company to
develop a reputation for delivering practical engineer-
ing solutions that are business driven, cost effective
and most often innovative. Big Aidoo’s consultants
provide quality assurance for existing risk manage-
ment plans as well as training for senior executives,
project managers and their quality assurance manag-
ers on the latest tools and techniques in managing risk.
The company’s recognition as one of the best per-
formers in the industry is wide and our techniques,
methodologies and speed is frequently referenced to
as a
de facto
standard within the industry.
With theadvent of computers, the internet andmodern
communication systems, the company has recently
upgraded its systems with state-of-the-art equipment
to enhance communication and increase efficiency.
The company provides staff with IT training and has
employed an IT specialist to periodically train em-
ployees and to service, repair and maintain its IT and
communication systems and networks.
Big Aidoo Construction Ltd provides employees with
favorable career prospects. The company also offers
benefits in the form of healthy medical, scholarship
and redundancy packages to employees.
JOHN BITAR & CO. LTD
Gassnan Bitar
Managing Director
PO Box 406, Plot No 1/20 Mempeasem Street,
Essikadu, Sekondi. info@johnbitar.com
Tel: (+233) 31 2046321 / Fax: (+233) 21 46725