Volta Region's Council of State aspirant, Dr David Kofi Wuaku, has revealed ambitious plans for the establishment of the country’s largest shopping mall, alongside several other development projects.
The initiative is being spearheaded by a group of Turkish investors who visited Ghana last week for high-level meetings and feasibility studies.
Dr Wuaku, who has close ties with the investors disclosed that the projects will not only revolutionise the retail and infrastructure landscape but also create millions of direct and indirect jobs for Ghanaian youth. With unemployment being a significant challenge in the country, he believes that such large-scale investments will help stimulate economic growth, enhance local businesses, and improve livelihoods.
The Turkish investors engaged with key government officials and stakeholders to discuss potential areas of investment. The meeting focused on strategies to strengthen Ghana-Turkey economic relations and ensure that the upcoming projects align with Ghana’s long-term development agenda.
In a productive meeting with the First Deputy Speaker of Parliament and Member of Parliament (MP) for Akatsi South, Bernard Ahiafor, the investors expressed their eagerness to partner with Ghana across various sectors beyond retail and commerce. Their discussions with Mr Ahiafor, Dr Wuaku and other stakeholders emphasised job creation, infrastructure development, and skills transfer as key components of their investment agenda.
A proposed largest shopping mall in Ghana
The proposed shopping mall, expected to be the largest in Ghana, will introduce modern retail experiences, international brands, and world-class amenities.
According to Dr Wuaku, the facility will be modelled after some of the most advanced shopping centres in Europe and the Middle East, featuring; retail outlets for local and international brands, entertainment centres, including cinemas, gaming arcades, and event spaces, restaurants and food courts offering diverse cuisine options, business hubs and coworking spaces to support young entrepreneurs and eco-friendly designs with energy-efficient systems and green spaces.
Beyond the shopping mall, Turkish investors are also exploring opportunities in industrial development, agriculture, real estate, and renewable energy. These projects, when realised, will boost Ghana’s economy and position the country as a strategic investment hub in West Africa.
Dr Wuaku emphasised the urgent need for more foreign direct investment (FDI) in Ghana to accelerate economic growth. He praised the Turkish investors for their commitment to supporting Ghana’s development and urged other international business communities to follow their example.
"Ghana needs visionary investors like these Turkish business leaders. Their interest in our economy is a testament to the potential our country holds. With their expertise and resources, we can transform key sectors, create jobs, and boost economic prosperity," Dr Wuaku stated during the meeting.
He also encouraged Ghanaian policymakers, business leaders, and young entrepreneurs to position themselves strategically to leverage these investment opportunities.
With feasibility studies already underway and discussions progressing positively, Dr Wuaku remains optimistic that these multi-million-dollar projects will soon become a reality. If successfully implemented, they will significantly reduce unemployment, enhance trade, and improve the standard of living for many Ghanaians.
As the country awaits further updates on these projects, stakeholders are hopeful that the collaboration between Ghana and Turkey will serve as a model for future investments, paving the way for a stronger, more resilient economy.
This initiative marks a promising step towards a brighter economic future for Ghana, and Dr Wuaku’s leadership in facilitating such investments underscores his commitment to national development and prosperity.
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