The Ghanaian government is set to restart the stalled Kejetia Market Redevelopment project, Phase Two of which has been largely inactive for nearly two years. Minister for Local Government, Chieftaincy and Religious Affairs, Mahama Ayariga, announced that contractors could return to the site within days or weeks. This follows an approval by Finance Minister Dr Ato Forson to use proceeds from Phases One and Two to facilitate the return of contractors and initiate discussions for Phase Three.
Phase Two of the project is currently about 60 percent complete, but has remained stalled for almost two years. The government considers completing Phase Two a critical step before proceeding with Phase Three. According to Mr Ayariga, once contractors resume work, the government will commence pricing discussions for Phase Three. The finance minister has given the green light to use proceeds from Phases 1 and 2 to start Phase 3.
The government will continue discussions with the Kumasi Metropolitan Assembly, the Ashanti Regional Coordinating Council, and the Asantehene to determine the financial requirements for Phase Three. These talks aim to provide a clearer picture of how the government intends to proceed with the project. The Kejetia Market Redevelopment project has been a significant undertaking, and its completion is eagerly anticipated by traders, businesses, and residents in the area.
The return of contractors to the site is expected to bring an end to the prolonged construction freeze. For traders and residents, this means the return of workers, machinery, and construction activity to a site that has been quiet for far too long. The project's revival is crucial for the local economy, and stakeholders are hopeful that it will be completed soon.
Once construction resumes, the focus will shift to Phase Three and its price tag. The government is expected to engage in discussions to determine the financial requirements for the next stage of the redevelopment. This will provide a clearer understanding of the project's future and the costs involved.
The Kejetia Market Redevelopment project has faced several challenges, including delays and financial constraints. However, with the government's commitment to restarting the project, stakeholders are optimistic about its completion. The project's success will have a positive impact on the local economy and provide a better trading environment for businesses and residents.
The government has assured the public that it is committed to completing the project. With the approval of funds and the return of contractors, the project is expected to move forward. Key stakeholders, including the Kumasi Metropolitan Assembly and the Ashanti Regional Coordinating Council, will work together to ensure the project's successful completion.
Key points
- The Ghanaian government is set to restart the stalled Kejetia Market Redevelopment project, with contractors expected to return to the site within days or weeks.
- Phase Two of the project is currently 60 percent complete, but has been stalled for almost two years.
- The government will commence pricing discussions for Phase Three once contractors resume work.
