Kwadaso MCE cuts sod for construction of 24-Hour Economy Market project
The Municipal Chief Executive for Kwadaso, Eric Assibey, has cut the sod for the construction of the municipality’s 24-Hour Economy Market, describing it as a major step toward implementing the government’s flagship 24-hour economy policy.
In Kwadaso, Municipal Chief Executive Eric Assibey ceremonially broke ground for the construction of a 24-Hour Economy Market, signifying a pivotal stride towards executing the government's flagship 24-hour economy initiative. Describing the endeavor as a comprehensive business hub, Assibey emphasized its purpose to foster commerce around the clock and spur economic expansion in the region.
Beyond a standard marketplace, the market will envelop a police station, banking center, clinic, and other indispensable amenities to bolster traders and ensure seamless business operations throughout the day and night.
The Kwadaso MCE elucidated that Ghana's 24-Hour Economy policy will usher in a three-shift working system to heighten productivity across industries. He underscored that purpose-built 24-hour economy markets will furnish an optimal environment for businesses to thrive under the policy. Assibey confidently stated, "This is not an ordinary market. Unlike other markets that close at a specific time, this facility will operate 24 hours when completed."
Acknowledging the project's potential, Assibey projected that it will generate employment, enhance trading conditions, and stimulate local economic growth, thereby positioning Kwadaso as a prominent commercial center in the Ashanti region. The market will serve as the epicenter for business under the 24-Hour Economy, creating jobs, expanding trade, and fostering social interaction, he added.
Completing the project is projected to take 36 months, with the contractor promising a smooth handover to the assembly for operation. Assibey pledged government support, with the Ministry of Local Government allocating requisite funds and standing ready to disburse them to the contractor for the commencement of construction. He urged the contractor to prioritize local employment, mandating that 70% of the workforce be local due to Kwadaso's high unemployment rates.
Despite the contractor's pledge to complete the project within 36 months, EMMAKS Construction Works Limited, the appointed firm, assured it will deliver the facility in 24 months, provided conditions permit. Manager Engineer Michael Amankwah affirmed the company's commitment to timely project completion, guaranteeing adherence to quality standards. He appealed to locals and traditional authorities to support the contractor as construction unfolds.
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