The New Juaben Municipal Assembly has indicated a move to build a shopping Mall in

Koforidua to decongest the central business district.
SHOPRITE
In a briefing with the GNA, the Municipal Chief Executive, Dr Kwaku

Owusu-Acheampong, said the site had been identified, but the

financial cost was huge.

He, therefore, urged investors to partner the Assembly to build

the mall.

The mall, when completed, would be the first shopping centre of its

kind in the Eastern Region. It is expected to boost economic

activities in the Region and to position it as the second choice of

destination after the Greater Accra Region.

According to the MCE, the mall would be located at the Koforidua

Old-Estates, the premises of the Timber Market in line with

Planning of the Municipality to become a well-planned area in terms

doing business as well as to boost tourist attraction in the

Region.

He said plans were advanced to relocate the Timber Market to

Nyame-Krom, a suburb of Koforidua, to make way for the project.

Touching on Revenue generation, he said the Assembly had contracted

consultants to work on automation of revenue collection and

expressed the hope that from year, all the Assembly?s revenue

collection would be done electronically.

That move, he explained, was to ensure that all monies collected by

the Assembly were accounted for and also to meet their set target

for Internally Generated Funds (IGF).

Source : GNA/newsghana.com.gh

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