A modern market designed to operate 24 hours a day has begun construction in Fumbisi. The project received its official sod-cutting ceremony with Member of Parliament for Builsa South, Dr. Clement Abas Apaak, present. This initiative is part of the government’s wider plan to create a 24-hour economy across Ghana. The goal is to increase business activity and provide more job opportunities for local people. This market is expected to be a significant development for the Builsa South District.
The market is a key part of the government's plan to make the economy work around the clock. This aims to create continuous chances for businesses to earn money. It also ensures that people can find work at different times of the day. Builsa South is one of the districts facing many development challenges. Dr. Apaak highlighted this during the ceremony. He stressed his commitment to bringing progress to the area. He thanked the people of Builsa South for their trust in him as their representative. The project is seen as a way to overcome some of these challenges.
This 24-hour economy idea is a signature policy of the National Democratic Congress (NDC). Former President John Dramani Mahama is credited with introducing the concept. The party believes this policy can transform the Ghanaian economy significantly. The market in Fumbisi is one of the first projects under this agenda to begin construction. It signifies a forward-thinking approach to economic development. This is especially important for less developed districts like Builsa South. The government hopes such projects will lead to inclusive growth.
Dr. Apaak called the market a "game-changer" for the district. He expects it to offer a full package of benefits, not just a place to trade. The project will create jobs for young people during its construction phase. It will continue to provide employment opportunities even after completion. The District Chief Executive for Builsa South, Anne Musah, pledged the assembly's support. Chiefs and elders also committed to ensuring the project runs smoothly. They praised the government and the MP for bringing this initiative.
The construction of the market is expected to take 36 months to complete. This is about three years. The project consultant, Sampson Awuah, assured residents that local labour would be used. This ensures that jobs are created for the people living in the Fumbisi area. The total cost of the market project is GHS 7 million. This substantial investment aims to create a lasting positive impact on the local economy. The project's success will be closely watched by other districts. It sets a precedent for future developments under the 24-hour economy initiative.
This initiative could potentially lead to increased local commerce and tax revenue for the district. The continuous operation of the market might also attract other businesses. This could further diversify the local economy. The success of this pilot project could influence the pace of similar developments across the country. It highlights the importance of infrastructure in driving economic activity. The government's commitment to this agenda suggests a focus on creating more economic hubs beyond major cities. The project represents a significant step in empowering rural economies.