KEJETIA TERMINAL NOW KSI CITY MARKET, OPENS IN MAY

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President Akufo-Addo and the Asantehene, Otumfuo Osei Tutu, are scheduled to jointly officially open the newly constructed Kejetia Market project on 2nd May. 

This event will be preceded by a relocation of the original occupants of the previous Kejetia terminal who had to be settled elsewhere, to pave the way for the project in 2015. 

The new facility has lockable shops for a total of eight thousand, 460 traders some of who will be relocating from part of the Kumasi Central Market earmarked for phase two of the project. 

Ahead of the official opening of the Market, the Minister for Local Government and Rural Development, Hajia Alima Mahama, has outdoored an eight-member Management Board for the Kumasi City Markets Limited.


The Board, Chaired by the Kumasi Metropolitan Chief Executive, Osei Assibey Antwi, with the Amoamanhene, Nana Agyenim Boateng representing the Manhyia Palace serving as the Vice Chairman. The other members are the Kumasi Metropolitan Coordinating Director, a representative each of the Ministries of Local Government and Rural Development as well as Finance, two representatives of traders one of who should be a woman in addition to a representative of the transport unions. 

The Board serves as a Special Purpose Vehicle, SPV, meant to ensure efficient management and maintenance of the Kejetia facility which has already been Incorporated as Kumasi City Markets Limited to run as a corporate entity. 

So far, the executing company, Contracta Engineering has handed over the project to the Kumasi Metropolitan Assembly, KMA upon completion.

 Hajia Alima Mahama toured the facility in the company of members of the Management Board for the first time since 2017 when work was still in progress. Speaking to journalists after the inspection tour, the Local Government and Rural Development Minister expressed satisfaction with the project. 

Hajia Alima Mahama was satisfied also to learn that the facility has enough spaces to accommodate all the over one thousand occupants of the original Kejetia Terminal and more traders from the Central Market and indicated that, the facility will be occupied by next month while an arrangement has been made for an inauguration on the 2nd of May jointly by President Akufo-Addo and the Asantehene, Otumfuo Osei Tutu.

 She explained that, the incorporation of the Market as a Special Purpose Vehicle to operate as a Corporate entity is to ensure that the interest of all the stakeholders are protected, shift from the usual management of public facilities that reduces their longevity while assuring financiers of the 2nd phase of the project of judicious application of the available funds. 

Hajia Alima Mahama indicated also that following the completion of Cabinet and Parliamentary processes for the approval for Phase Two of the Central Market re-development project, actual work is expected to start in October by which time, traders at an earmarked area of the present Central Market would have been successfully relocated.

 The Vice Chairman of the Kumasi City Markets Limited, Nana Agyenim Boateng, noted that a payment modality has already been arranged for prospective occupants of the new facility to conveniently payoff the cost of the stores which, he said, is still being worked out.

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