
By Evelyn ARTHUR
TDC Ghana Ltd is set to transform Ho, the capital of the Volta Region, with a major new housing development, following a high-level courtesy call by the company’s management on key stakeholders in the region.
The initiative marks the start of TDC’s nationwide expansion beyond Tema and represents a significant milestone for the company, which until 2017 was legally restricted to operating within the 63-square-mile Tema Acquisition Area. Following the revision of its mandate, the company can now operate across the country, with the Ho project serving as the first practical step in rolling out this expanded role.
As part of preparations, TDC’s Managing Director, Courage K. M. Nunekpeku, led a management team to pay a courtesy call on the Volta Regional Minister, James Gunu, during a working visit to the region. The visit included an inspection of land owned by the Ministry of Works, Housing and Water Resources, a portion of which has been allocated to TDC for development.
Mr. Nunekpeku explained that since its establishment in 1952, TDC’s operations had been confined to the Tema Acquisition Area until its mandate was broadened in 2017 to allow expansion beyond Tema and, potentially, outside Ghana. He noted that Ho was chosen as the company’s first entry point because of the strategic location of the land, which lies near the Ho Airport, earmarked as a pilot training school, and close to the regional hospital and leading educational institutions—factors that make it an attractive residential hub.
The Regional Minister, James Gunu, commended TDC for its decision to expand beyond Tema, describing the choice of Ho as both timely and welcome. He highlighted the region’s urgent housing challenges and emphasised the project’s potential to ease accommodation pressures, create employment, and stimulate economic growth. He also praised Mr. Nunekpeku’s foresight and assured TDC of his full support for the successful delivery of the project. The Municipal Chief Executive of Ho, Mr Stephen Adom, was also present at the meeting.
A joint delegation from TDC and the Ministry of Works, Housing and Water Resources later paid a courtesy call on Togbe Afede XIV, Agbogbomefia of the Asogli State, to brief him formally on the project and seek his blessing and guidance.
Mr. Nunekpeku confirmed that the Ministry has allocated part of its land stock in Ho to TDC for the construction of modern residential accommodation. “We believe it is time to extend our experience nationwide. Volta Region is our starting point, and we intend to move quickly to commence work this year,” he said.
Togbe Afede XIV warmly welcomed the initiative, stressing that housing is a critical need across all regions. He underlined the project’s potential to reduce the housing deficit, generate employment opportunities, and attract investment into the Volta Region. He further noted the significance of the announcement coinciding with President Mahama’s “Big Push” initiative, describing it as timely for the people of the region.
During the visit, TDC also donated to support the Asogli State Educational Fund and the upcoming Yam Festival.
The Ho project is expected to pave the way for TDC’s broader nationwide housing programme aimed at reducing the country’s housing deficit and promoting inclusive urban development. Alongside the Volta Region, the company has earmarked the Ashanti, Western, Central and Eastern regions for the first phase of its expansion.
The post TDC to develop Ho housing project in first move beyond Tema appeared first on The Business & Financial Times.
Read Full Story
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS