Business News

Housing Program Gains Momentum


by Meriba Tulo – EM TV News, Port Moresby

Moves to implement the Affordable Land & Housing Program have gained momentum, with infrastructure work at one location about to commence.

The National Capital District Commission, NCDC, will soon commence work at Gerehu, following the signing of a Memorandum of Agreement.

The MOA now allows NCDC to commence work at Gerehu Stage 3B, which has been identified as a pilot model for the government program. 

Gerehu 3B will see close to 2,000 allotmen’s on offer for first-time home owners.

The MOA is between the Department of National Planning & Monitoring, Office of Urbanization, and NCDC.

According to National Planning Minister, Charles Abel, this MOA is another development towards successfully implementing this government initiative.

The Gerehu 3B project has 31 government agencies participating, with 269 public servants to date having qualified for the program.

https://youtube.com/watch?v=Ov8Hfyd1oJ0%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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