2027 Budget: Govt to facilitate construction of 5-star hotels in Accra, Kumasi; 4-star hotels in three regions

Ghana's government has announced plans to facilitate the construction of five-star hotels in Accra and Kumasi, as well as modern four-star hotels in the Central, Volta and Northern regions. The initiative aims to bolster the country's hospitality industry and boost international conferences and business tourism. SSNIT, the Social Security and National Insurance Trust, will spearhead the project, with the target of completing a five-star hotel in each of Accra and Kumasi by 2030.

Furthermore, the government intends to support the development of three affordable four-star hotels. One will cater to the Cape Coast and Elmina heritage corridor, another will promote eco-tourism in the Volta Region, and the third will bolster Northern Ghana's hospitality sector. In addition to these hotel projects, SSNIT will also construct and manage an ultra-modern international convention center at the La Trade Fair Centre in Accra.

Dr Ato Forson, a key figure in the project, emphasized that the proposed international convention center will serve as a landmark venue, attracting major global gatherings to the nation and enhancing Ghana's capacity to host international events. These hotel investments are anticipated to significantly increase accommodation capacity throughout Ghana, especially in regions boasting significant heritage and eco-tourism attractions.

The initiative is also expected to generate employment opportunities and stimulate businesses within the hospitality and tourism value chain.