Approximately 400 house lots were distributed for Plantation Farm, East Bank Demerara, when the Ministry of Housing and Water conducted its 10th ‘One Stop Shop’ exercise last Monday at the Guyana National Stadium, Providence.
According to the Govern-ment Information Agency (GINA), the smallest lot that the ministry allocated was valued at $1.8 million, which when valued in the private sector would cost about $6 million to $8 million.
The Housing Ministry is investing $845 million in the development of Plantation Farm, which is 75 per cent completed. The area has 449 lots and would bring direct benefit to 1840 persons, Housing Minister Irfaan Ali was quoted as saying.
GINA said that government has been investing heavily on the East Bank Demerara as it seeks to target development from the entire area from Eccles to the existing Great Diamond Housing Scheme. Minister Ali also said that the development will see 20,000 new house lots being created, and as well the expansion of the roadway and the creation of new alternative access routes. “We are trying to expand the East Bank, the area behind Ogle airport and then we are hoping to connect that area with the East Bank, initially with Eccles and then moving forward to Herstelling, by an alternative by-pass route,” Ali said.
He said that the investment on the East Bank is huge, noting that, “It is necessary to ensure our people benefit from improved standards of living, to ensure that we continue to have the creation of wealth.”
The Ministry of Housing this year had targeted spending more than $4.1 billion on the East Bank that will see upgrading of several miles of road in Diamond, construction of a new Mocha/Arcadia access road and development of more house lots.
