The North Tongu District Assembly has officially started work on a new 24-hour economy market. The site in Juapong, Volta Region, has been handed over for construction. This project aims to boost local businesses and create jobs for residents.
This market is part of a bigger government plan. The goal is to make Ghana's economy work around the clock. This policy is called the "24-hour economy." It means businesses can operate at any time. This should lead to more trading and economic growth. The project will help traders and small businesses in Juapong. It will provide a better place for them to sell their goods.
Ghana is trying to strengthen its economy. The 2024 budget focused on economic transformation. The government aims to create more opportunities for people. New infrastructure projects like this market are key parts of that plan. Similar projects are happening in other regions. These initiatives aim to make local areas centers for commerce. They expect to attract more investment and improve living standards.
Madam Victoria Amefadzi Yawa Doe, the District Chief Executive, spoke at the handover ceremony. She said the market is a smart investment. It will create jobs and boost trade. She thanked President John Dramani Mahama for his support for development. She also acknowledged Samuel Okudzeto Ablakwa, the MP for North Tongu. James Gunu, the Volta Regional Minister, was also thanked for his help.
NIMANT Company Limited will build the market. PPMC will be the consultants. They will make sure the work is done well. The market is expected to make Juapong a major business hub. This will create more long-term jobs. It will improve the lives of everyone in the district. The government hopes this will lead to broader economic benefits for Ghana.