Parliament approves €53m for Takoradi Market Circle redevelopment

Takoradi Market Circle on the left and MP for Takoradi, Hon. Kobby Okyere Darko-Mensah on the right

The Parliament of Ghana has approved a loan facility of fifty three million euros (€53 million) to redevelop the popular Takoradi Market Circle in the Western Region.

The loan facility which is made up of a SACE facility and a tied Commercial Facility is expected to help upgrade the Market Cirlce to international standards.

The report of the Finance Committee which approved the loan facility for the redevelopment was presented on Thursday, March 19, 2020.

The Market Circle which has a total capacity of 2,980 stalls and 642 stores was constructed in 1928.

Author: Nana Kwesi Coomson (www.233times.net) @nkcoomson on Twitter/Instagram

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ABOUT: Nana Kwesi Coomson

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An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

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