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2027 Budget: Government plans nuclear power development, local mineral processing and railway expansion

By Osei-Tutu Esther Kumah The government has announced plans to invest 1.5 billion US dollars in developing Ghana’s industrial mineral economy, alongside nuclear power development and railway expansion as part of efforts to strengthen the country’s economy and infrastructure. Presenting the 2027 Budget Statement to Parliament on Thursday, November 12, Finance Minister Dr Cassiel Ato […]

Finance Minister Dr Cassiel Ato Forson announced a US$1 billion investment to transform Ghana's tourism sector into a year-round visitor economy. This move aims to boost foreign exchange earnings and generate employment opportunities in the country. Speaking in Parliament during the 2027 Budget Statement and Economic Policy on November 12, 2026, Forson highlighted Ghana's rich history, cultural heritage, and reputation for peace and democratic stability as the main attractions for international visitors.

While December festivities in Ghana will continue to be a powerful anchor, the government plans to promote other tourism products to encourage visits throughout the year. These include heritage journeys, ancestry services, family reunions, education programmes, and the creative arts. The "Black Star Experience" will be available throughout all 12 months, backed by a national events calendar and competitive destination bidding.

This strategy seeks to spread tourism activities across different seasons and regions. Additionally, the government will invest in preserving and promoting Ghana's forts, castles, and other historical sites related to the Trans-Atlantic Slave Trade. The initiative will focus on conserving physical structures, enhancing museums and archives, improving multilingual interpretation, and training conservators and tour guides.

These sites will be connected to better infrastructure, such as roads, public spaces, hotels, transport services, and local enterprises to enhance the visitor experience. Forson emphasized that conservation would guide construction works and that local communities would play a significant role in narrating the histories of these sites.

The broader goal of this investment is to position Ghana as West Africa's preferred destination for international conferences and business tourism.

Written by urgent.news from Adom Online's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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