real estate
real estate

Namibia’s Deputy Minister of Urban and Rural Development Derek Klazen launched the construction of 26 new Buy-a-Brick houses at Aranos in the Hardap region at an event on Wednesday.

Since its launch in 2015, the Buy-a-Brick Initiative, under the custodianship of Standard Bank, has so far enabled the construction of 200 houses and a further 380 are scheduled for completion this year with money contributed by various businesses.

The latest beneficiaries of the Buy-a-Brick Initiative are 26 families residing in Aranos, a town located in the central east region of the country with a population of 4,000 inhabitants.

The initiative is a game-changer in the provision of affordable housing to the low-income communities, Klazen said in a statement Thursday, reiterating the call for the corporate sector to assist the government in the provision of housing for needy Namibians.

“Our resources as the government will never be enough to address all of our society’s needs. Coupled to that, the priority list of government is so long and we would not be able to address it sufficiently,” he added.

The Aranos project meanwhile is expected to be completed in the next three months. Enditem



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