KEYNOTE: Ghana’s Policy Direction in the Housing and Construction Sector
Ghana, like other developing countries, faces a significant infrastructure gap requiring an estimated $37 billion in annual investments over the next 30 years to meet development goals, particularly in transport, energy, and housing. More than half of Ghana’s population lives in urban areas, with projections indicating the number will rise to over 72 percent by 2050. This rapid urbanisation has significantly increased demand for more roads and housing, particularly in major cities such as Accra, Kumasi, and Takoradi. The country has a housing deficit of over 1.8 million units, driven largely by affordability constraints and the pace of urban expansion. As part of measures to close this widening infrastructure gap in transport, energy and housing, the government, in October 2025, launched the Ghana Infrastructure Plan (GIP), which provides a 30-year policy direction on energy, human settlement and housing, transport and water among other areas. In transport, for example, the "Big Push Infrastructure Programme," a $10 billion initiative was launched in 2025 by the President to boost the construction, rehabilitation, and expansion of road networks. Initiatives in housing include the National Homeownership Fund, Kpone Affordable Housing Project at Tema Community 26 and Oxygen City Housing Project in Ho. Despite these initiatives, public funds alone are inadequate to meet Ghana’s infrastructure demand. The government is, therefore intensifying efforts to unlock the potential of Public-Private Partnerships (PPPs) to promote foreign and domestic investment in the sector.


