The Ministry of Housing and Water is leading massive infrastructural works along the East Bank of Demerara, to open up new lands for housing development. Large swaths of lands are currently being developed for housing purposes. 

During a visit on Monday, President Irfaan Ali said over $80 Billion has already been expended to cover the construction of 40 roads along with a drainage and irrigation network and land development.

“So, this development, when you look at all the new investment on the East Bank alone, you are talking, maybe, investment of approximately close to $80B or more than $80B. What you have been able to do, with this investment, and this is just the transformative by any scale, any scale. You take a developed country, a developing country, this scope of work, within four years, we had two years of COVID, and we had all the other challenges, to achieve this is just remarkable,” the President said. 

The President said the area located behind Diamond and Grove have more than 7,000 house-lots, bringing the total number of house-lots developed along the East Bank Demerara corridor over the past four years to 9,000. 

Minister of Housing and Water, Collin Croal explained that the area which is currently being developed also includes a commercial zone. 

“We have allocated about 7,000 house-lots here on the East Bank of Demerara. We have reached to the conservancy, so that would tell you that we are saturated in terms of the allocation or [land] availability. But the land on the East Bank is not only for residential development, we also have a heavy commercial, and in that, we have close to 500 acres of land that were developed for commercial purposes, and this is outside of our residential. And so, a lot of work that you see now is to ensure that, one, the land preparation, and then secondly, for the access road,” Minister Croal explained. 

He said soon allottees, who were given lands on the East Bank of Demerara will be able to sign their agreement of sale, and initiate the process for their titles. Hundreds have already completed the process and are awaiting the completion of development works to begin their construction projects.

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