The Akatsi South Municipal Assembly in the Volta Region is seeking to engage a private investor to construct an ultra-modern market in the municipal capital, Akatsi.

The project costs at about $5 million would serve as a panacea to stimulating the microeconomic growth of the fast-developing municipality.

Per the designs available, the market would serve as a one stop centre for all economic activities.

Akatsi South Municipal Assembly to construct $5m market centre

It would contain stores, internet cafe, gymnasium, saloon, coffee shop, massage centre, police station, daycare centre and a (cassava flakes) gari processing centre.

Akatsi South Municipal Assembly to construct $5m market centre

Others are banks, office spaces, a shopping centre, market sheds, water and electricity stations and a lorry station. 

Akatsi South Municipal Assembly to construct $5m market centre

The acting Municipal Chief Executive, Leo-Nelson Adzidogah, in an interview with Joy News explained the assembly is ready to engage interested investors who would table proposals for consideration.

He detailed that the investor who would meet the criteria would be engaged under a public-private partnership agreement.

“We believe this project would give a facelift to the municipality and attract investors to the area. This would, in the long run, benefit the residents who would have to position themselves to take advantage of the situation to make gains.”

He expressed optimism the project would as well change the dynamics of the unemployment rate in the municipality and propel the growth of the local economy.