President Akufo-Addo says in line with the Ministry of Tourism, Arts and Culture’s target of generating jobs, especially for the youth and unemployed, the Marine Drive Tourism Investment Project, from construction to the operational stage, is expected to employ some 150,000 people. Expressing his appreciation to all who have in diverse ways helped to ensure that the Marine Drive Tourism Enclave becomes a reality, the President said he was expectant that the project will be completed on time.
Ghana is planning for one of the most iconic and ambitious projects in the history of its Tourism investment, which is estimated at 1.2 billion U.S Dollars. This massive project is going to be a game changer in turning the fortunes of Tourism in Ghana, thereby improving the country’s GDP. The iconic project is expected to boost local tourism in Ghana as well as create jobs for those within the catchment area of the project, thereby improving the country’s GDP.
President Akufo Addo indicated that countries all over the world which have coastlines, have built magnificent edifices facing the oceans which is a contrary situation in Ghana, adding that his administration would change that phenomenon in this direction.
On Friday, December 15, 2017, the President Nana Akufo Addo cut the sod for the commencement of work on the Marine Drive Project in Accra, at a ceremony attended by chiefs, political leaders and the business community.
The project, which is estimated to cost about US$1.5 billion, is a Public-Private Partnership project expected to transform the beachfront stretch from the Osu Christianborg Castle to the Arts Centre into a vibrant business and commercial enclave that will transform the city’s skyline, create jobs, spur tourism growth and boost the national economy.
The project which is dubbed the “Marine Drive Tourism and Investment Project,” is under the auspices of the Ministry of Tourism Arts and Culture, in collaboration with the Ghana Tourism Authority (GTA) and the Ghana Tourism Development Company (GTDC) and is expected to create 36 thousand (36,000) jobs during the first phase of the project. Additionally, it would employ about one hundred and fifty thousand (150,000) people upon completion.
Ghana’s tourism sector is grossly underdeveloped, although the country possesses great potential for tourism development and the implementation of this project will, therefore, give a needed boost to the sector. On completion, the Marine Drive project will have facilities such as hotels, malls, offices, casinos, and parking spaces. Other planned facilities include conference and exhibition centres, a beach soccer pitch, a mini-golf course, an office complex for the Ministry of Tourism, etc. This level of investment will transform the earmarked area into a business, commercial and tourism hub that could improve the country’s competitiveness within the West African sub-region. The potential of a project of such magnitude is enormous and cannot be downplayed.