President John Dramani Mahama is set to hold a crucial meeting with the Minister of Finance and the contractor responsible for the Takoradi Market Circle Redevelopment Project on Friday, February 9, 2025. The meeting aims to find solutions to the delays affecting Phase 1 of the €46 million project.
As part of his “Western Regional Thank You Tour”, President John Mahama visited the Takoradi Market Circle to assess its progress. Acknowledging its critical importance to the people, he announced plans to meet the contractors on Friday to facilitate the recommencement of construction works.
The Takoradi Market Circle, a major commercial hub in the Western Region, was earmarked for redevelopment to modernize infrastructure and improve trading conditions. However, construction setbacks have left traders and residents concerned about the project’s completion.
Mahama’s intervention comes amid growing public frustration over the stalled project, which was expected to boost economic activity in the region. Sources close to the discussions indicate that funding challenges and other logistical issues have hindered progress.
The outcome of Friday’s meeting is expected to provide clarity on the way forward, including possible measures to fast-track the completion of Phase 1. Traders and business owners in Takoradi are hopeful that a resolution will be reached to prevent further disruptions.
