Ghana Institution of Surveyors welcomes 277 new members at 21st Surveyors’ Week AGM
Managing Director of Petra Trust Company Ltd, Kofi Fynn, has said billions of cedis in pension and insurance funds are available for investment in Ghana’s housing and infrastructure sectors, but warned that unlocking the capital depends on credible and well-coordinated land and real estate systems.
Speaking at the 21st Week celebration and 57th Annual General Meeting of the Ghana Institution of Surveyors in Tema, Fynn stressed that institutional investors are prepared to finance large-scale development projects if professional standards within the land and property sector inspire confidence.
According to him, Ghana’s housing and infrastructure ambitions will largely depend on professional integrity, collaboration, and accurate surveying practices.
“Billions of cedis in pension and insurance funds are ready for investment, but institutional capital demands precision, clear land titles, and strong professional standards,” he said.
Fynn described surveyors as central to national development, noting that virtually every infrastructure or real estate transaction relies on accurate surveys and credible valuations.
“No road, building, or financial transaction succeeds without reliable surveys and valuations. The work of surveyors forms the foundation upon which investment decisions are made,” he added.
He explained that with pension and insurance funds now holding tens of billions of cedis in long-term capital, significant opportunities exist to address Ghana’s housing deficit and expand infrastructure development.
However, he cautioned that investors require certainty and transparency before committing funds.
“Institutional capital flows where systems are trusted. Precision, ethical conduct, and professional collaboration are essential to attracting long-term investment,” Fynn stated.
The event also marked the induction of about 275 new members into the Ghana Institution of Surveyors and the elevation of 28 professionals to fellowship status, a development organisers described as strengthening professional capacity within the sector.
President of the Ghana Institution of Surveyors, Surveyor Kofi Obeng-Ayirebi, used the occasion to underscore the importance of professional discipline, warning that members who remain inactive for three consecutive years will be expelled from the institution.
“Our profession plays a critical role in Ghana’s development, and maintaining active professional participation is essential to safeguarding standards and public trust,” he said.
He reiterated that surveyors remain key actors in Ghana’s development agenda, particularly in ensuring land administration efficiency, infrastructure planning, and sustainable urban growth.
With hundreds of new professionals joining the institution alongside experienced fellows, the Ghana Institution of Surveyors says it is positioning itself to play an even stronger role in supporting Ghana’s journey toward sustainable development.
A total of 275 Professional Members and 2 Technician Members were inducted and admitted as new members of the Ghana Institution of Surveyors during its 21st Surveyors’ Week Celebration and 57th Annual General Meeting.
Source:
www.ghanaweb.com