How is President Mahama implementing the 24-hour economy in Asesewa?

How is President Mahama implementing the 24-hour economy in Asesewa

President John Dramani Mahama has officially cut the sod for a modern 24-hour economy model market in Asesewa, marking a major step toward restoring the town’s historic status as a commercial hub. This project is a centerpiece of his administration’s plan to move beyond traditional daylight trading hours and boost local productivity.

The facility is designed to support around-the-clock business, providing the necessary infrastructure, lighting, and security for vendors to operate through the night. By doing so, the government intends to increase commercial turnover and revitalize the regional economy.

What is the scope of the nationwide market initiative?

The Asesewa project is part of a massive nationwide initiative to develop 261 modern district-level markets. These markets are intended to serve as engines for growth in every district across the country.

  • Job Creation: The initiative aims to create thousands of jobs through construction and the subsequent multi-shift operational requirements of a 24-hour cycle.
  • Infrastructure Modernization: The 261 markets will provide structured, hygienic, and safe environments for both traders and consumers.
  • Economic Expansion: By decentralizing modern commerce, the administration hopes to expand local economies and reduce urban migration.

Factual Insights into the Current Market Projects:

  • Project Leader: The initiative is being spearheaded by President John Dramani Mahama.
  • Location Focus: Asesewa is the latest site for the 24-hour economy model market.
  • Total Goal: The administration is targeting the development of 261 district markets nationwide.
  • Primary Objective: To boost commerce and create sustainable jobs through expanded trading hours.
  • Strategic Goal: Reclaiming the commercial prestige of historic trading towns like Asesewa.

Also Read: Ghana’s 24 Hour Economy, Real Change Happening at Adenta DVLA

By Collins Sarkodieh

Collins Sarkodieh Aning (Editor in Chief @ Ghananewspage.com) Collins Sarkodieh Aning is a Current Affairs Editor. He has over five years of experience in content writing and news publication.

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