President Mahama Breaks Ground for 24-Hour Economy Market in Dormaa Ahenkro

Posted by TWR Publications

12 hours ago

President John Dramani Mahama has officially cut sod for the construction of a modern 24-hour economy model market at Dormaa Ahenkro, marking a significant step toward boosting local commerce and economic activity.


The initiative forms part of a broader national agenda aimed at transforming Ghana’s trading infrastructure and supporting continuous economic productivity. 


According to the President, all 261 districts across the country are expected to benefit from similar projects, designed to operate around the clock and stimulate inclusive growth.


The proposed market will feature a range of modern amenities to support traders and consumers alike. These include banking facilities, cold storage units to reduce post-harvest losses, daycare centres, as well as dedicated police and fire service posts to enhance security and emergency response. 


A clinic will also be established within the facility to provide essential healthcare services.


Speaking during the groundbreaking ceremony, President Mahama emphasised that the 24-hour market model is central to his administration’s vision of building a resilient and self-sustaining economy.


As part of his visit to the Bono Region, the President also inspected progress on key road infrastructure projects, including the Jinijini–Sampa Road and the Sunyani Outer Ring Road. 


He noted that these projects are critical to improving transportation networks, facilitating trade, and connecting farming communities to major markets.


Touching on the broader economic outlook, President Mahama highlighted what he described as significant improvements in Ghana’s macroeconomic stability. 


He stated that inflation has dropped sharply from 23.4 percent to 3.3 percent, while the Ghana cedi has strengthened considerably against the US dollar, moving from a range of GH¢16–GH¢17 to approximately GH¢10.70.


He stressed that maintaining these gains is crucial to safeguarding the economy against external shocks, urging continued fiscal discipline and strategic investment.


The 24-hour economy model market project is expected to create jobs, enhance productivity, and provide a modern trading environment that aligns with global standards, reinforcing government’s commitment to economic transformation at the grassroots level.

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President John Mahama