Airport City Kumasi Project takes off

The proposed Airport City Project in Kumasi has commenced, following the sod cutting ceremony to that effect last week.

The Airport City Project, an initiative spearheaded by Messrs Stephen Yeboah and Kwabena Obeng and their Turkish partners, will deliver a state-of-the-art Smart Community, featuring innovative residential, commercial and lifestyle infrastructure intended to transform the region’s economic and social landscape.

It will also boost the region’s economy and provide modern amenities and services to its residents.

The project, being built on a 50-acre land, is expected to become Ghana’s hub of aviation excellence and luxury on its completion in two years.

Phase One of the project will comprise suites of one to three-bedroom apartments, sky suites and penthouses, offering residents the convenience of connecting to any part of the world from the comfort of their homes.

The project, partitioned into the Greenwich luxury homes, Kensington Heights – a 5-star hotel, the Cinnamon – a Grade A office building and the Best Western Premier Hotel, are expected to redefine the living experience in Kumasi and accelerate economic growth in the Ashanti Region.

Kensington Heights aims to create a healthy and sustainable living for Ghanaians at home and abroad while offering unmatched, above-average returns to investors and buyers due to its iconic and strategic location.

The sod-cutting ceremony performed by Otumfuo’s Hiahene, Nana Prof. Oheneba Boachie-Adjei Woahene II, was attended by the Turkish Ambassador to Ghana, members of the Ashanti Regional Security Council (REGSEC) and other key stakeholders.

Otumfuo’s Hiahene called for the regeneration of Kumasi and urged policies that would attract more productive investments.

“The country needs policies that encourage and reward private endeavour and minimises the risk to investments. There is no doubt that Kumasi, as the second capital of Ghana needs massive regeneration,” he said.

Founder of the HDG, Stephen Owusu, said “Our (investors) vision is to create a city with roads that are done with pavements where you can walk and not share the road with a car.

“We are going to have gutters that are all underground. The roads are going to have clearly marked roads for bikes. There’s going to be a lot of greens.”

Dr. Frank Amoakohene commended the team for the initiative and reaffirmed the government’s support for the project and mentioned the government’s investor-friendly policies, including tax waivers, tax holidays and infrastructure incentives, aimed at opening up the economy and deepening private sector participation.

The Minister saw the project as a testament to the power of public-private partnerships in driving development.

He said the Airport City Project is timely in the face of Ghana’s housing deficit, currently estimated at 1.8 million units and emphasised that Ashanti Region, being one of the most rapidly urbanising zones, stands to benefit significantly from the project, which represents a bold step towards bridging the housing gap.

Dr. Amoakohene, emphasising the importance of home grown investment in shaping the future of the region and  called on all well-meaning Ghanaians, especially those from the Ashanti Region, to follow this example and invest in the region’s development and encouraged everyone to come home and contribute to the region’s growth.

This, according to him, would create new opportunities for economic growth, job creation and improved living standards for the people of Ashanti.

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