Ondangwa building 1 059 houses
09 Mar 2016 10:50am
ONDANGWA, 09 MAR (NAMPA) The Ondangwa Town Council has invested more than N.dollars 52.7 million to address the demand for land for housing and business development, the towns chief executive officer (CEO) says.
Speaking to the media at Ondangwa on Tuesday, Ismael Namgongo said such investment is earmarked to service land for business, industrial and residential purposes during the 2014/15 and 2015/16 financial years.
Namgongo said the demand for serviced land at Ondangwa continues to outweigh the supply, hence the council engaged various developers such as Quadrant, Combo Investment and Namib Bou Investment to address the housing shortage at the town.
He indicated that this partnership resulted in the construction of a total of 1 059 housing units.
Four hundred of these houses are completed and the rest are under construction, Ondangwas new CEO pointed out.
He said Namib Bou Investment is constructing 792 housing units in Ondangwa, while 205 are to be constructed by Combo Investment and 62 by Quadrant.
The Ondangwa Town Council is planning to service some 900 erven that are earmarked for low- and middle-income groups at the town.
Namgongo pointed out that the land that the council is earmarking for the servicing of the said 900 erven is planned and surveyed already.
With the financial subsidy that council is receiving from the central government and the councils own sources, we will be able to succeed in these endeavours and be able to deliver as this is our core council mandate.
The Ondangwa Town Council has so far received 2 100 applications from people who are in need of residential plots at the town.