Government To Establish Affordable Housing and Home Ownership Scheme for Sierra Leoneans

 

By State House Communications Unit

President Dr Ernest Bai Koroma on Tuesday 13th May reiterated government’s commitment to continue to develop the requisite legal framework and the enabling environment to get the public sector in the real estate and property business to work with private entrepreneurs to harmonize and produce affordable housing and home ownership schemes for the people of Sierra Leone. He gave this assurance during the official launching ceremony of the Trillium Hills and White Sands Project at Radisson Blu Hotel. Aberdeen, Freetown.
HOUSING (600 x 447)

 

 

The President described the occasion as a great moment in the development and transformation of the country. He lauded the hard work and great efforts of two illustrious sons of the soil, Mustapha Ahmad and Nassir Soufan who are the brains behind the project.

The Trillium project is a real estate and property investment business geared towards creating not only an attractive and conducive living environment for the people of Sierra Leone, but also aimed at creating jobs for the youth and skilled people and at the same time foster wealth creation for the cottage industries and construction sector of our economy. The project, he said, complements government’s aspirations for better living standard and wealth creation as encapsulated in the Agenda for Prosperity. He therefore encouraged Trillium and other entrepreneurs in the property market to not just target their investments to the higher cadre of the economy, but also consider investments schemes that will cater for the lower and middle income earners.

President Koroma also said that positive human intervention in enhancing the natural endowment of Sierra Leone is critical to the development and transformation of the country, and called on public and private sector players to complement the good example of Trillium Hills and White Sands project, and even open up a forum of public private partnership in the housing and property business as this will stimulate gainful employment for the youth as well as enhance economic growth.

He encouraged the youth, skilled men and artisans, to seize this opportunity, which he described as golden, to rebuild their lives and learn new skills. “Embrace it with commitment, dedication and passion.” “Wealth”, he said, comes with hard work.”

Similarly, he urged the business community to be competitive as well as deliver good and efficient services to the public.

Formally welcoming Trillium Development Holdings in Sierra Leone, President Koroma simply said, “You have chosen well.” He confidently stated that companies like Trillium are investing here today because of the sound policies and actions of government in facilitating private sector investments in the country.

Sierra Leone, the President explained, is taking off. “Our growth is being acknowledged as the second fastest in the world; our people are amongst the most tolerant; and our state is hailed as a symbol of remarkable recovery, peace, democracy and transformation. We applaud you, Trillium Development Holdings for choosing our country; your choice is an affirmation of our great potential and your own business acumen,” he said.

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