President Mahama cuts sod for 24-hour economy market to revive Asesewa’s trading legacy

President John Dramani Mahama has cut sod for the construction of a modern 24-hour economy market at Asesewa in the Upper Manya Krobo District, in a major push to restore the town’s historic role as a key commercial centre in the Eastern Region.

The project forms part of government’s broader initiative to modernise market infrastructure across the country and stimulate local economic activity under the 24-hour economy policy framework.

Speaking at the ceremony, President Mahama recalled Asesewa’s long-standing reputation as a vibrant trading hub but noted that inadequate infrastructure had contributed to its decline over the years.

“Historically, Asesewa has been a market town for many years… but over the years, the infrastructure of the market has not been developed, and so the popularity of the market has declined,” he said.

He explained that the new facility is one of 261 district-level markets being developed nationwide to boost commerce and create jobs within local economies.

“Two hundred and sixty-one districts of this country are being blessed with these modern markets, and they are meant to accelerate economic activities in our districts,” the President stated.

According to him, the Asesewa market has been designed to operate within a 24-hour economy model, supported by improved infrastructure and enhanced security to enable continuous trading.

The facility will include 100 lockable stores and 150 stalls, alongside key public amenities such as a police station and fire station to ensure safety and emergency response coverage.

Detailing the scope of the project, President Mahama said: “It will have a daycare centre so that our mothers and sisters who are selling can leave their children there to be taken care of.”

He further indicated that the market will incorporate a clinic, pharmacy, a women’s bank, warehouses, cold storage facilities, sanitation systems, a food court, restaurants, a supermarket, and guest rooms for traders travelling from other communities.

“It will have a women’s bank so our traders don’t have to carry their money on them,” he added.

President Mahama expressed optimism that the project would significantly transform economic life in Asesewa and restore its status as a key trading destination.

“This market is going to be transformational. It’s going to bring back the reputation of Asesewa as an economic centre,” he said.

He also reaffirmed his personal connection to the town and satisfaction with the location of the project site, noting that land had been secured in the heart of the community for the development.