Government to recover STX investment
Flashback: President Mills breaking the ground for the commencement of the project Government is to recover all assets and investment into STX, the Korean Company contracted to provide 200,000 affordable housing units nationwide within a period of five years. Prior to signing the contract with its Korean partners, the minority NPP had raised concerns over the deal and for that matter walked out of the debate, save PC Appiah Ofori, MP for Esikuma,-Odoben-Brakwa, when the controversial deal was laid before parliament. Nonetheless, the Majority went on to ensure that the deal was passed and on January 27, 2011, President John Evans Atta-Mills cut the sod for the commencement of the project which included the provision of 30,000 housing units for the security agencies at a cost of 1.5billion dollars. The Tesano Police Training School was expected to be the first beneficiary institution with a total of 1,980 housing units. However, at a press conference in ...