Work on the second phase of the Kumasi Central Market redevelopment is set to resume in October 2026. This follows renewed discussions between the Ghanaian government and the project contractors. The long-awaited restart aims to complete a vital infrastructure project for the Ashanti Region.
Kumasi Metropolitan Chief Executive, Richard Ofori Agyeman Boadi, confirmed the resumption at a stakeholder meeting. He stated that negotiations with the contractor and consultant secured an agreement for construction to restart. Arrangements are also in place to secure the necessary resources for project advancement. The project's original financing concept relied on revenue from completed sections to fund later phases. The Kumasi Metropolitan Assembly has generated GHS 89 million from Phase One since its 2018 commissioning.
This development is crucial for Ghana's economic landscape, particularly in the Ashanti Region. The Kumasi Central Market is one of West Africa's largest trading hubs. Its expansion directly impacts thousands of traders and consumers. Delays have caused significant frustration and pressure on existing trading spaces. The project's completion will enhance commercial activity and urban planning in Kumasi. It aligns with broader government efforts to modernize key economic infrastructure across the country.
Mr. Agyeman Boadi expressed strong confidence in the October 2026 restart date. He attributed this certainty to recent engagements with the project's professionals. Project consultant Tony Yeboah of Avangarde Design Services provided an update on the project's progress. He indicated that the development has reached 68% overall completion. Procurement stands at 84% complete, while engineering works are 99% finished. Construction activities, however, are at 49%.
The €248 million contract was initially signed in December 2018, with an original completion period of 48 months. So far, €171 million has been paid towards the project since its commencement. The project is expected to significantly expand the existing Kejetia complex. It will provide 3,760 counter shops and over 6,000 lockable shops. Additionally, it will include a transport terminal capable of accommodating 600 vehicles. This expansion will substantially increase the market's capacity and efficiency.
The Metropolitan Chief Executive reaffirmed the government's commitment to completing both the second and third phases. He emphasized the project's importance to the President and the government. Mr. Agyeman Boadi also cautioned traders against fraudulent activities. He warned against individuals claiming to collect premiums for shops at the unfinished facility. Reports of early stall allocations are false, and traders should not make payments to unauthorized persons. This warning aims to protect traders from financial exploitation.
The planned resumption has generated renewed optimism among traders and residents. They anticipate the completion of the facility to alleviate congestion. Improved conditions at Kumasi's major commercial centre are also expected. The market's full operation will boost local commerce and provide better working environments. This infrastructure investment is critical for sustained economic growth in the region. It also demonstrates the government's resolve to deliver on major development promises. The project's successful completion will serve as a benchmark for future large-scale public works. It will also enhance Ghana's reputation for infrastructure development.