Government allocates GH¢685m to complete Kejetia Market Phase II
"We have allocated GH¢17.6 billion to local governance, chieftaincy and religious affairs to support local administration and community services," the Finance Minister told the House.
Finance Minister Dr Cassiel Ato Forson announced that the government has allocated GH¢685 million to complete Kejetia Market Phase Two in Kumasi, as part of a larger package for local governance and market infrastructure in the 2027 Budget. This allocation is included within the GH¢17.6 billion set aside for local governance, chieftaincy, and religious affairs, aimed at enhancing local administration and community services.
The Finance Minister stated that this funding would be directed towards crucial local development initiatives, including district-level infrastructure, market projects, rural housing, and the completion of unfinished public facilities. The Minister specifically highlighted the GH¢685 million earmarked for Kejetia Market Phase Two, following months of uncertainty over the project's future.
The initial project, which was awarded in 2018, had been suspended in 2024 at 58% completion due to financial constraints. Government negotiations with the contractor have concluded, allowing work to resume. The redevelopment of Kejetia Market, one of Ghana's most significant urban trading infrastructure projects, is expected to bring significant improvements to traders, market women, and residents of Kumasi.
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