President John Dramani Mahama has urged contractors to accelerate work on 24-hour market projects across Ghana. He made this call after inspecting the ongoing construction of a 24-hour market in Nadowli-Kaleo, Upper West Region. The President noted delays at some project sites, attributing them to contractors lacking the financial capacity to begin work.
These 24-hour markets are part of a government initiative to build facilities in all 261 constituencies. The goal is to expand trading opportunities, strengthen local economies, and provide farmers with reliable outlets for their produce. President Mahama commended the contractor at Nadowli for being serious and on course to complete the project.
This initiative fits into Ghana's broader economic strategy to boost agricultural value chains and informal sector trade. Investing in market infrastructure aims to reduce post-harvest losses and increase farmer incomes. Such projects are vital for regional development, especially in areas like the Upper West Region, which relies heavily on agriculture. The government's focus on these markets reflects a commitment to grassroots economic empowerment and job creation.
President Mahama stated that funds are available for these projects. He emphasized that contractors should not wait for mobilisation payments to start work. "The money is available, so there is no reason why any contractor should fail to advance the work to this stage," he said. The government plans to make initial payments once contractors achieve 15 percent completion.
The timely completion of these markets will significantly impact local economies. They will provide dependable spaces for farmers to sell commodities like pepper, onions, and maize, potentially increasing their earnings. The projects also create employment during construction and operation, supporting livelihoods in various communities. Delays, however, could hinder these economic benefits and impact public confidence in government projects.
Decision-makers will closely monitor the progress of these 24-hour market projects. The government's ability to ensure contractors meet deadlines will be crucial for the initiative's success. Future policy decisions may focus on stricter vetting of contractors' financial capabilities to prevent further delays. The markets are expected to enhance food security and reduce price volatility for consumers.
The President also directed an immediate assessment of a bridge in the Nadowli area. Chiefs raised concerns about the bridge during his visit. He instructed the Deputy Minister for Roads and Highways to mobilize steel components for repairs. This intervention aims to restore access and ease movement for residents, further supporting local economic activity. Efficient transport links are essential for market access and trade.
The Nadowli project has garnered strong interest from local women, who are eager for its completion. Their involvement highlights the community-level impact and potential for women's economic empowerment through these markets. The government plans to commission the completed facility with traditional leaders and other stakeholders. This underscores the collaborative approach to local development.