Kwahu Business Forum to get GHS100 million convention center
President John Mahama plans to upgrade the Kwahu Business Forum. This includes building a permanent convention center using GHS100 million in public-private funds. Businesses will also get benefits like duty-free imports under the 24-Hour Economy Initiative.
President John Mahama has outlined plans to boost the Kwahu Business Forum. A main part of this plan is to build a permanent convention, conference, and exhibition center. This center will be a partnership with Metalex and Trasacco. This structure is estimated to cost GHS100 million and will be funded through a public-private partnership.
This initiative aims to improve business and economic engagement in Ghana. Metalex makes construction materials like aluminum roofing sheets. Trasacco is a leading property developer in Ghana.
The President also announced new incentives for businesses. These are part of the Government’s 24-Hour Economy Initiative. Businesses that operate multiple shifts will get these benefits. They include duty-free import of machinery and faster port clearance. These steps aim to increase industrial growth and productivity.
The President urged businesses to pay taxes openly. He also asked them to make plans for who takes over the business in the future. He stressed the need to invest in small and medium-sized businesses. This will help create jobs and ensure long-term growth.
The Kwahu Business Forum is a key event for business owners, investors, and policymakers. It helps to encourage business growth across the country.
Source: StatsGH — Ghana's data-driven news platform