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After the war Progress continues in
Sierra Leone
In its contribution to ameliorate housing problems in Sierra Leone, the National Social Security and Insurance Trust (NASSIT) has undertaken as one of its investment projects -the construction of a Concrete block-making Factory and Stone Quarry Crushing Plants at Angola Town, Adonkia in the West End of Freetown as well as Real Estate Project at Goderich in the west and Yams Farm in the east of Freetown.
The project is a joint venture investment between NASSIT and a Ghanaian business firm, Regimanuel Gray (Ghana) Ltd, with a 60:40% shareholding respectively, under the Sierrablock Concrete Products Ltd.
The Director General of NASSIT, Mr. Edmund Koroma, said that the project is NASSIT's contribution to the economic and social development of Sierra Leone, since they have recognized that social security benefits should be enjoyed during active life and not only in retirement. The returns on these investments, he said, are necessary to accumulate the reserves required to meet current and future benefit payments.
The President, Alhaji Dr. Ahmad Tejan Kabbah, on Tuesday 25th April 2006 commissioned the Sierrablock Concrete Products Factory and the Stone Quarry Crushing Plants and performed the ground-breaking ceremony for the construction of the 200 houses Goderich Estate.
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