![US$199.85m project to enhance economic dev’t in Tamale Metro](http://ghheadlines.com/index.php/images/default.png)
By Samuel SAM
The Tamale Metropolitan Assembly has announced a US$199.85million infrastructure development initiative, which aims to promote economic growth and improve the quality of life for residents in the metropolis.
The project includes construction of a water supply system, housing facility, shopping mall and market infrastructure. Funded by Turkey-based Lola Group, the project is expected to transform the city’s infrastructure and enhance its inhabitants’ living standards.
This project is a public-private partnership (PPP) undertaken by the Tamale Metropolitan Assembly in collaboration with the College for Community and Organisational Development (CCOD) and Jaksally Development Organisation. The initiative will address critical needs such as a reliable water system, adequate housing for health workers and a conducive marketplace for traders.
During the sod-cutting ceremony at the Assembly’s forecourt, Mayor of Tamale, Sule Salifu, expressed his gratitude to Lola Group and CCOD for their support.
He highlighted the project’s potential to significantly impact metropolitan development and benefit the broader West African community.
“The metropolis has been rapidly growing, with an increasing population and a surge in investor interest. This project is essential to meeting the growing infrastructure demands,” said Mayor Salifu.
He noted that the housing and water supply projects are designed to meet the needs of over 500,000 residents.
“We are not just providing shelter but also creating vibrant communities where families can thrive, children can grow and dreams can be realised,” he added.
The market and shopping mall components are expected to boost commercial activities and generate revenue, further contributing to the city’s development. Mayor Salifu emphasised that the completed project will attract more investors and traders to the region, driving national development.
Dr. Gabriel Gbiel Benarkuu, West Africa Representative-Lola Group and President-CCOD, expressed enthusiasm for the partnership with Tamale Metro.
“This investment reflects Lola Group’s commitment to education and community development. The project, expected to be completed within 24 months, will create jobs and stimulate local economic growth,” he said.
Vivian Terrence Fray, delegation leader from Lola Group, reaffirmed the group’s commitment to collaborating with African leaders and policymakers on development projects. She underscored the importance of quality work to ensure value for money and project sustainability.
The initiative has been welcomed by traditional authorities, who praised the investment’s potential to create job opportunities for youths and drive regional development.
The post US$199.85m project to enhance economic dev’t in Tamale Metro appeared first on The Business & Financial Times.
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