The affordable housing project that the National Social Security and Insurance Trust (NASSIT) are building at Waterloo, Bo, Kenema and Makeni are nearing completion.
Speaking to the Head of Public Affairs, Mr. Peter Kenah said the Trust knows that the core problem in Sierra Leone is housing so they are embarking on building affordable houses for low income earners.
He said that was the reason they chose Waterloo and the provinces to meet the requirement. Mr Kenah said in all, 24 houses have been built with six in every area with four units of two bedrooms and two units of three bedrooms.
“The construction work is over, they are now doing the roads, electricity, plumbing and boreholes to make the houses more comfortable”, he said.
Asked what the cost would be for the houses the Head of Public Affairs said they will be affordable for those in the lower income bracket.
He said the houses are fully self contained and modern to the present day. He said the lucky ones that will buy those houses will never regret because they will have their money’s worth.
Also Mr. Kenah said in 2007, NASSIT through Regimanuel Gray started construction of 48 housing apartments at Goderich in a gated community that will be self contained and will have communal facilities like Tennis courts, basketball court, shops and restaurant that all of them will make use of.
“We are expecting it to be completed in April 2011”, but he was unable to ascertain whether they will be sold or rented out. On the Cape Sierra Hotel investment, Mr Kenah stressed that they didn’t buy it, but it was a 25 year lease from the government renewable every 25 years.
A staff of the Media office Desmond Benya also reiterated that the hotel will be leased out to any viable company and they even met with a company called 2+1 who wants to turn the hotel to a five star.
He said they cannot tell how much the Trust paid for the lease to government or what they are paying to International Finance Corporation (IFC) to find viable investors.
Mr. Kenah speaking on the NASSIT Ferry said he is optimistic that the ferry will soon start operations as it has met the international standard set by Lloyds.
He appealed to the public to put faith in the Trust as NASSIT belongs to all contributors and they will never let them down. He also averred that his office is open to all to cross check their stories so they will be able to inform the public correctly without fear or favour.