President John Dramani Mahama has officially launched the construction of a modern 24-hour economy market at Assin Bereku in the Central Region, marking another milestone in the government’s plan to expand trade, create jobs and stimulate local economic growth.
The sod-cutting ceremony signals the start of a project designed to provide traders with improved infrastructure while supporting the government’s flagship 24-Hour Economy initiative.
Speaking at the event, President Mahama said the new market would serve as more than just a trading centre. He described it as a modern commercial hub that will help businesses operate efficiently, attract investment and create new employment opportunities for residents.
The Assin Bereku project forms part of a nationwide plan to construct 261 modern markets across Ghana under the 24-Hour Economy programme.
According to the President, the markets are intended to improve the trading environment by providing safe, organised and accessible facilities for traders, farmers and consumers.
He said better market infrastructure would strengthen local economies, increase productivity and support businesses that depend on agriculture and commerce.
Market to Feature Modern Facilities
The proposed market is expected to include a range of facilities aimed at improving business operations and public services.
Plans for the project include warehouses, cold storage units, a lorry terminal, restaurants, banking facilities, pharmacies and modern sanitation infrastructure.
The development will also feature a health clinic, a daycare centre, and dedicated posts for the Ghana Police Service and Ghana National Fire Service to enhance safety and emergency response.
Government believes these facilities will allow businesses to operate beyond traditional trading hours while improving convenience for traders and customers.
Part of the 24-Hour Economy Agenda
President Mahama said the project reflects the government’s commitment to creating an economy that supports continuous business activity and generates sustainable employment.
He noted that expanding modern market infrastructure is expected to increase commercial activity, strengthen supply chains and reduce post-harvest losses, particularly for farmers transporting fresh produce to market.
The initiative also aims to encourage private sector investment while improving access to markets for small and medium-sized enterprises.
The launch of the project has been welcomed by many residents and traders in Assin Bereku, who believe the new market will improve business opportunities and contribute to the area’s economic development.
Many expressed hope that the facility will ease congestion, provide better working conditions and attract more customers to the municipality.
The project is also expected to generate jobs during both the construction phase and after its completion through increased commercial activity.
The Assin Bereku market is one of several projects the government says will help modernise Ghana’s trading infrastructure and support long-term economic development.
With construction now underway, attention will turn to the timely delivery of the project and its impact on businesses in the Central Region.
Government believes the investment will strengthen local commerce, improve livelihoods and advance its broader vision of building a vibrant 24-hour economy that benefits communities across the country.
