With Housing And Other Infrastucture Now Overstretched
By Alfred Kollie, alfredkolliejr92@gmail.com
Liberia’s capital city, Monrovia’s population is now estimated at 1,735,365 million people, tripling the population for which the city was originally planned, according to World Population Review 2024.
Against this backdrop, there is a growing demand for property construction of office buildings, shopping malls, business centers, and low-to-middle income housing units and renovation in Monrovia and its environs for Liberians residing home and abroad including foreigners.
The demand is even more acute in the mining and agricultural concession areas as well as the commercially active regions along Liberia’s key growth corridors.
To address these problems, Agro Liberia Construction Incorporated has broken ground for the construction of one thousand housing units in Montserrado County for customers or clients.
Affordable housing remains one of Liberia’s critical social development needs for low-income earners but with the coming of Agro Liberia Construction incorporated, low-income earners will be able to afford some of its units.
Agro Liberia Constructions Incorporated is a hundred percent Liberian-owned company that is constructing one thousand Housing units on the Robert Field Highway, Fendell Community, Johnsonville, and Brewerville township for commercial purposes.
The company currently has sixteen young Liberian engineers with a lone female.
The housing unit is comprised of two, three–, four—, and five-bedroom apartments with water, clinic, and market facilities at each estate unit.
Speaking recently at the groundbreaking ceremony in the Fendell community, the company Country Director Chealy Brown Dennis called on Liberians at home and aboard to trust the company for reliable and quality work housing units
According to him, Liberians are ready to take the economy into their hands noting that they can trust the company for quality and integrity as they work to improve the sector.
Mr. Dennis explained that each unit would be given to Liberians both at home and abroad to be paid every month for working class aimed at helping those who do not have the money for construction.
According to the Centre for Affordable Housing Finance in Africa (CAHF), “Liberia has a growing housing finance sector. As the mortgage market does not yet meet the breadth of the population, most households still finance their housing independently with savings or non-mortgage credit.” http://housingfinanceafrica.org/countries/liberia/.
In May 2017, the National Housing Authority (NHA), a state-owned institution, started a construction project to relocate households threatened by severe erosion in a seaside slum.