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Business News of Friday, 12 May 1995

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New Makola market ready before 1996 elections

The new makola market complex currently under reconstruction will be ready for use before the 1996 elections, according to the Social Security and National Trust, which has a 75% equity shareholding in the project, with the remaining 25% held by Accra Metropolitan Assembly.

The first part of the project involves the construction of a 120-space basement car park and a three storey bank building and administrative offices. There will also be a communications centre, 725 shops, stalls and trading malls. The project is estimated to cost c3.5b.