The Kumasi Metropolitan Assembly (KMA) is poised toward the commencement of the second phase of construction work of the Kumasi Central Market that makes the relocation of traders to other markets in Kumasi non-negotiable.
The Assembly has prepared two markets, Afia Kobi (Abinkyi) and Race Course, to decently host the traders until the completion of the second phase of the Central Market project.
The Afia Kobi Market would host traders from the Central Market who were operating from lockable stalls whiles those who were operating from sheds and table-tops would be resettled at the Race Course.
To make the whole transition very cordial and peaceful, the KMA in collaboration with the Ashanti Region Coordination Council, have met with all traders associations and unions over the redevelopment project.
Although, some 4,000 traders are expected to be affected by the redevelopment, KMA has made adequate provisions for all of them to be relocated and to have brisk businesses.
All issues bordering on the ownership of the Afia Kobi Market have also been resolved as the KMA has held serious negotiation with K.T. Briamah and the traders who are to operate from that market.
Security and other facilities have been provided to enable traders to operate their businesses without hitches.
At the Race Course Market, the KMA has expanded electricity and graded pavements and the road from Mbrom to the market, which would be tarred soon.
Security, which is priority to traders, is well catered for as Community Police and SWAT teams are manning the Race Course Market.
In addition to that, a Police Post has been established at the market awaiting the posting of personnel to be stationed there.
Almost all banks with branches in Kumasi are now operating within the Race Course Market, making it easy for traders to have their bank transactions with ease.
The Metropolitan Chief Executive of KMA, Mr. Osei Assibey Antwi, ensures that the relocation of the thousands of traders is done with success.
The MCE has been working around the clock to ensure that the phase two redevelopment of the Central Market is completed on time.
The phase two of the Kumasi Central Market redevelopment has two agreement – financial and construction and the financial agreement has kicked in early; so if works delay, there would be problems accessing funds from the United Kingdom.
The 248 million Euros project is being financed by Deutsche Bank of Germany with export credit guarantee from the United Kingdom Export Finance (UKEF).
Upon completion, the redeveloped market would have 6,500 leasable spaces, 5,400 closed stores, 800 kiosks, 50 restaurants, 210 fishmonger and butcher stores and 1,800m2 of community facilities.