Asantehene orders reopening of newly built Kejetia market



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Asantehene, Otumfuo Osei Tutu II, ordered the city authorities of Kumasi to immediately open the newly built Kejetia market to enterprises.

He added that the delay in the allocation and occupation of stores, leaving traders in uncertainty, made the start of work in phase two incomplete.

President Akufo Addo joins Otumfuo on Thursday to cut the groundwork for the second phase of the project in Kumasi

The first phase of the Kejetia market redevelopment project has 8,420 stores. The second is expected to accommodate 6,500 rented commercial spaces, 5,400 closed stores; 800 kiosks, 50 restaurants and 210 fish and butcher shops, 40 livestock shops, among others.

For months, the completed project remains closed as traders continue to mark the pace of uncertainty.

Registered traders who left the site for construction and other central market, which is not yet developed, have the first right of occupation.

Otumfuo wants a fair distribution of stores. He spoke through the intermediary of his linguist, Nana Nsiah Poku.

The Minister of Local Government, Hajia Alima Mahama, revealed that a special body had been charged with allocating stores and managing the market.

The government has secured a $ 300 million loan for the second phase of the project.

The redevelopment of the Kumasi Central Market is a two hundred and forty – eight million euro project (248 million euros) financed by the Deutsche Bank of Germany, with an export credit guarantee. provided by the UK Export Finance (UKEF). "UK entrepreneurs have 48 months to complete the project, funded in part by the German government.

A statue of Otumfuo built on the site has been unveiled.

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