The Korle-Klottey Municipal Assembly (KoKMA) has launched a Business and Investment Guide and a Voluntary Local Review Report. These documents aim to attract investment and promote sustainable urban development. This initiative strengthens investment promotion and helps monitor progress towards the Sustainable Development Goals (SDGs) within the municipality.
Mrs. Linda Obenewaa Akweley Ocloo, the Greater Accra Regional Minister, officially launched the documents in Accra. She called the initiative timely and strategic. The Voluntary Local Review Report for 2025 will help the municipality assess its progress towards the SDGs. The Business and Investment Guide provides information on opportunities and key sectors for potential investors in Korle-Klottey.
The municipality holds a vital place in Ghana's economy. It hosts many financial institutions, diplomatic missions, hotels, and businesses. Investor confidence depends on good infrastructure, effective urban management, and healthy environmental conditions. Efforts must increase to fix problems like poor sanitation, flooding, traffic jams, and environmental damage. Sustainable investment needs safe, well-planned, and strong environments.
The government supports local authorities in attracting investment and promoting development. Dr. Zanetor Agyeman-Rawlings, Member of Parliament for Klottey Korle, welcomed the initiative. She stressed the importance of inclusive and people-centred development. The success of investment should improve residents' lives, not just bring new buildings. Young people should find jobs, traders should grow their businesses, and families should get good healthcare and education.
The investment guide will help attract investments that encourage new ideas, create jobs, and support local businesses. It also promotes environmental protection and climate resilience. Developers and investors should use the guide to ensure that local communities, traders, and small businesses benefit from development projects.
Dr. Gameli K. Hoedoafia, Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation, noted Ghana’s decentralisation policy. This policy requires local assemblies to act as active drivers of local economic growth. Assemblies must turn local resources into structured, investable projects that create lasting economic benefits. The policy also focuses on increasing local revenue, digital governance, stronger public-private partnerships, and resilient local economies.
Mr. Alfred Allotey-Gaisie, the Municipal Chief Executive for Korle-Klottey, stated the Business and Investment Guide helps market the municipality's economic strengths. Korle-Klottey hosts the country’s central business district, major financial institutions, diplomatic missions, and the African Continental Free Trade Area (AfCFTA) Secretariat. The Assembly aims to build a world-class municipality with reliable infrastructure, better public services, and a business-friendly environment. Reforms in revenue collection and digital governance have improved the Assembly's ability to implement projects and support economic growth.