Baba Yara Stadium is now ready for CAN 2008.


Wednesday, May 13, 2009

Kumasi to get bigger shopping mall

Kumasi is set to get one of the largest and most modern shopping malls in West Africa, bigger than what was currently in Accra.
The Methodist Church Ghana has released its large tract of land located near the Suame roundabout to managers of the Accra Mall, for them to set up the facility in Kumasi.
Right Rev Professor Emmanuel K. Asante, Bishop of the Kumasi Diocese of the Methodist Church who made this known said the church was currently in negotiations with managers of the Accra Mall to fine-tune the project, expected to cost about US$42million.
The Bishop, who was speaking at a media briefing ahead of the 48th annual synod of the Kumasi Diocese of the church, which comes on from May 13-17, 2009 said the designs for the retail venture were still in their final stages and that if all should go well, construction works would commence in September 2009.
“We have a few in-house things to do like meeting with the Asantehene to clarify on certain aspects before construction work commence”, he said.
The project is expected to use about 18months to complete when construction starts, the Bishop said.
He explained that the mall was expected to be a great success in making a major impact on the lives of residents of Kumasi.
The about 20 000m2 mall, to be named Garden City Mall, will be the second modern shopping centre in Ghana and will be comparable to other similar sized shopping centres anywhere in the world.
The Methodist Church’s land in Kumasi near the Suame roundabout, which had been lying idle for many years is highly accessible and borders the Suame roundabout. It is surrounded by roads on all its boundaries which make it highly accessible. An extensive interchange is planned for the future on the roundabout.
The site is currently vacant, except for a number of minor structures. It is dished along its east and west axis and has a number of natural storm water channels which lead to a single outlet on the east boundary.
Rt. Rev Professor Asante said it had taken the church a long time in deliberating on what to do with the land until they finally settled on the shopping mall.
He said the design of the mall is contemporary in all aspects with an underground car park, entertainment centre, a mini promotions court in the basement among a host of other facilities.
Over the past years, consumer demand for convenience and quality has grown considerably and modern retail has been expanding at a very fast pace in the emerging markets.
Although some critics have questioned the impact of modern retail growth on emerging economies, it is generally considered beneficial as it produces a myriad of positive benefits that far outweigh any perceived disadvantages.
A growth in the retail industry has been said to be a catalyst for job creation, the reduction of protectionism, infrastructural improvements, improved standards of living, competitive advantages and economic growth.
Also a growing economy and a commercial boom have been said to have resulted in unprecedented retail growth. Ghana with a total population of 20 million people, 35percent of which is now urbanized has about 1.6 million of that population living in Kumasi, Ghana’s second capital city.
Kumasi is a city with very few buildings over two storey high and up until now, goods have been provided via a multitude of street sellers and strip shopping environments. A growing middle class with disposable income has created a substantial demand for consumer goods.
People all over the world have been described as surprisingly similar in their shopping patterns and habits and as such the Garden City Mall is expected to raise living standards by providing food and products as well as leisure facilities in a safe and congenial shopping environment.
Kumasi residents will be able to enjoy the goods and services widely available elsewhere in the world.

3 comments:

posekyere said...

Good news indeed.
It is a sign that Kumasi is on the move. The residents of Kumasi are in need of more modern amenities.
One good deed follows another. Such an investment will surely trigger the rise of others.
Thanks for informing us Enoch.

Abena said...

Nice to hear! But isn't Suame round-about traffic-intensive already??

Anonymous said...

Is this project anywhere close to completion now? I would be very interested to know, since I'm considering moving to Kumasi and wouldn't mind having a modern shopping mall around. Thanks!