In what is being described as one of the largest investments in the housing sector in one year, Guyana’s government has injected some $13.9 billion into the development of new infrastructure, and the construction of houses, a project that will benefit over 8,000 families.
Having already distributed over 3,800 house lots in a little over six months, Guyana’s government, through this initiative, will be looking to further strengthen its foundation in the housing sector, by ensuring that the requisite infrastructure and even housing facilities are in place to facilitate adequate and comfortable accommodation.
Access to adequate housing is viewed as a basic human right, and considered to be an integral factor for the enjoyment of other economic, social and cultural rights. And, with Guyana’s economy poised to quadruple in the coming years, the government has started establishing the conditions for Guyanese, especially from the low and middle-income brackets, to have access to adequate housing.
