By Kingsley Mamore
Dambai (O/R), April 30, GNA — Municipal and District Chief Executives in the Oti Region have signed contracts to implement the 24-Hour Economy Markets Project, paving the way for the rollout of the Government’s flagship policy across selected districts.
The project forms part of efforts to operationalise the national 24-Hour Economy agenda, which seeks to transform Ghana from an import-dependent, eight-hour work culture into a 24/7, production-led and export-oriented economy.
Government projects that the initiative will create more than 1.7 million jobs by 2026, while boosting productivity and supporting currency stability.
Under the policy framework, participating in businesses and selected public institutions are expected to operate a three-shift system of eight-hour work periods to sustain continuous economic activity.
Speaking to the Ghana News Agency (GNA), the Oti Regional Minister, Mr John Kwadwo Gyapong, said the contract signing demonstrated the Government’s commitment to fulfilling campaign promises made to Ghanaians ahead of the 2024 general election.
He described the move as a critical milestone in translating policy commitments into tangible development interventions at the grassroots level.
Mr Gyapong urged contractors to execute the projects within schedule and cautioned against delays or substandard work.
He also directed Municipal and District Assemblies to intensify supervision and monitoring to ensure quality execution and timely completion.
The Dean of MMDAs in the Oti Region, Mr. Prosper Addo, along with other chief executives, described the initiative as a catalyst for local economic transformation.
They noted that the markets project would stimulate commercial activity, expand opportunities for traders—particularly women—and improve livelihoods in beneficiary communities.
Preparatory works are expected to commence across selected district assemblies, positioning local markets for extended operational hours, upgraded infrastructure, and increased economic activity under the 24-Hour Economy programme.
GNA
Edited by Maxwell Awumah /Audrey Dekalu