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Speaking at the inauguration ceremony on Thursday, May 2, 2019 in Kejetia, President Akufo-Addo said that the launch of the 2nd phase of the redevelopment project, as well as many ongoing projects in Asantemen , and even across the country demonstrates the government's unwavering commitment to major infrastructure projects that will create jobs and enhance economic development.
"The Kumasi Central Market Redevelopment Project is a 248 million euro project, financed by Deutsche Bank of Germany, with a UK export credit guarantee. Export Finance (UKEF)). The construction will be undertaken by MM. Contracta Construction Ltd, United Kingdom, and will be completed within 48 months, "said the chairman.
Once completed, the redeveloped market will have six thousand five hundred (6,500) commercial spaces leased; five thousand four hundred (5,400) closed stores; eight hundred (800) kiosks; fifty (50) restaurants; two hundred and ten (210) fish and butcher shops; forty (40) livestock stores; and one thousand eight hundred square meters (1,800 m2) of community facilities.
In addition, the project will also provide other essential facilities such as a waste treatment plant, a police station, a fire station, post offices and an amphitheater.
President Akufo-Addo was convinced that the redevelopment of the Kumasi Central Market and the provision of badociated infrastructure would help to resolve and mitigate the underlying causes of the fires in that market. create approximately nine hundred (900) direct jobs and two thousand five hundred (2,500) indirect jobs; improve the safety of traders and consumers; and provide better mobility conditions in the region, allowing traders to receive their goods and customers to access the market, in a safer and more organized way.
"I appeal to all of you, municipal authorities, traders, customers and residents, to support and cooperate with the contractor, Messrs. Contracta Construction Ltd, in order to complete this project on time. I know I can count on you all in this regard, "added the president.
Infrastructure projects for Kumasi
President Akufo-Addo recalled that, in the run-up to the December 2016 elections, as specifically stated in the New Patriotic Party's Manifesto, the party pledged to "engage in a development program of sustainable and integrated infrastructure across the country ".
In August 2018, in pursuit of this commitment to Asanteman, the President cut the foundation for the Kumasi Road Rehabilitation Project, which includes the Drainage Extension Project. Kumasi roads; remodeling of the four roundabouts between Ejisu and KNUST to improve safety and reduce congestion on the N6; and an asphalt layer covering 135 kilometers of roads in the metropolis of Kumasi to solve the problem of potholes and thus revive the roads of the metropolis.
"On top of that, a few weeks ago, in Tamale, I cut the groundwork for the launch of Phase 1 projects of the project support agreement between the Ghanaian government and Sinohydro (MPSA)." , worth $ 2 billion. Lot 2 of this project involves the construction of 100 kilometers of roads in Kumasi and Mampong Inner City. In Kumasi, the relevant road networks are in Manhyia, Suame, Tafo Pankrono, Asokwa, Kwadaso, Oforikrom, Subin, Nhyiaeso and Bantama, "he said.
The President added: "Two weeks ago, Parliament approved a scheme of 155 million euros for the completion and equipment of the maternity and children 's block. Komfo Anokye University Hospital, an ongoing project that has been unfinished for more than forty (40) years. "
In conclusion, President Akufo-Addo badured Asantehene that his government was determined to put the country on the path of progress and prosperity by improving the standard of living of all Ghanaians.
"This project, as well as others currently underway, demonstrates our commitment in this regard, and I will be very interested in seeing you complete Phase II of this important project, which I have no doubt about. not your will, "he added. .
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