President Dr Mohamed Irfaan Ali has revealed plans for the construction of 30,000 homes across the country by 2030. He made this disclosure during his address at the opening of the International Building Expo 2025 this evening at the National Stadium, Providence.

This massive undertaking, the President said, will allow for the provision of 150,000 jobs and the injection of a whopping $450 billion into the economy. The plan represents the next phase in the government’s transformation of the housing sector, from land ownership to full homeownership.

“This is the scale and scope of what is ahead of us. We are moving beyond simply allocating house lots. We will directly support families to build, rehabilitate, and expand their homes,” President Ali stated.

Beyond the 30,000 homes already in the pipeline, President Ali highlighted the need to address an additional 80,000 housing applications.

Meeting this demand will require the development of 20,000 acres of land, equivalent to almost 32 square miles and an investment of over $420 billion.

“When you add the two together, we are talking about $870 billion in housing-related investments over the next five years. This is not about guesswork; this is careful, precise planning,” the Head of State said.

He also reiterated that the housing drive is more than just building homes; it is about economic expansion, job creation, and empowering Guyanese families.

Over the past five years, nearly 53,000 residential house lots and 5000 commercial and industrial lots have been allocated to Guyanese, with more than 21,000 leases, titles, and land transports processed.

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