LMI Holdings to Deliver First 700 Units of Revived Saglemi Housing Project by March 2027

Key Takeaways

• LMI Holdings pledged to complete 700 affordable units at Saglemi by March 2027.
• The first development phase of 1,500 homes is slated for delivery by December 2027.
• The estate, originally launched under President Atta Mills, was stalled for years before the current public‑private partnership.
• Road and rail upgrades along the Tema corridor are being synchronized with the housing rollout.

President John Dramani Mahama inspected the Saglemi site on 20 August, where he announced a renewed commitment to finish the stalled affordable‑housing scheme. The government has selected LMI Holdings to spearhead the redevelopment, marking a shift toward private‑sector involvement in national housing objectives.

The revived project targets the delivery of the first 700 units by March 2027, with a broader phase of 1,500 homes expected by the end of 2027. Completion of the initial phase is intended to demonstrate the feasibility of scaling the original 5,000‑unit vision.

Background & Context

The Saglemi estate was conceived during President John Evans Atta Mills’ administration as a 5,000‑unit affordable‑housing complex intended to alleviate the chronic shortage of low‑cost homes in Greater Accra. Political transition in 2017 halted construction, and subsequent legal challenges left the site exposed to vandalism and material loss.

Over the past decade, the vacant land accumulated unused infrastructure, including electrical and telecommunications fittings. The prolonged dormancy underscored the challenges of sustaining large‑scale public projects without continuous funding or clear governance.

Project Timeline and Delivery Commitments

LMI Holdings has signed a contract that obliges it to finish 700 units by March 2027, a milestone that the presidency expects to celebrate shortly after the Christmas period. The contract also outlines a December 2027 deadline for the first phase of 1,500 homes, after which construction on the remaining 3,500 units will commence.

The developer’s schedule aligns with the government’s broader housing agenda, which includes a GH₵500 million allocation to the District Housing Scheme. By integrating the Saglemi rollout with upcoming national housing programmes, policymakers aim to create a replicable model for future developments.

Infrastructure and Economic Impact

Parallel to the housing construction, the government is upgrading the road corridor from Saglemi to Aflao, with the first segment already under way. A second segment extending from Central University is slated for award, promising faster vehicular access for residents and commercial traffic.

A planned railway link will connect the estate to the Tema port and the Dawa Industrial Park, facilitating both passenger movement and cargo transport. The combined road‑rail corridor is expected to attract industrial employers seeking nearby accommodation for their workforce, thereby stimulating local employment and ancillary services.

Looking Ahead

Successful delivery of the initial units will test the viability of public‑private partnerships in Ghana’s affordable‑housing sector. If the timeline holds, the Saglemi project could serve as a template for subsequent initiatives outlined in the upcoming national housing programme.

Long‑term, the integration of residential, industrial, and transport infrastructure positions the Saglemi corridor as a potential growth engine for the Greater Accra region, supporting the government’s vision of a Green Digital City.