ECONOMICS

Fumso Set for Economic Transformation as 24-Hour Economy Market Project Takes Off

The Adansi Asokwa District is on course for a major economic breakthrough following the commencement of processes for the construction of a modern 24-Hour Economy Model Market at Fumso.

Date Created : 6/25/2026 : Story Author : Mary Ayertey/Ghanadistricts.com

The flagship project, championed under the government's 24-Hour Economy agenda, is expected to stimulate local commerce, create employment opportunities, and position Fumso as a vibrant commercial hub within the Ashanti Region. Similar market projects nationwide are being promoted to boost trade, expand economic activity, and create sustainable jobs.

District Chief Executive for Adansi Asokwa, Hon. Albert Dakurah, has been actively involved in stakeholder consultations and preparatory activities leading to the project, underscoring the Assembly's commitment to driving local economic development and improving livelihoods.

The proposed market is expected to provide a modern trading environment for farmers, traders, artisans, and small-scale enterprises, while supporting the government's vision of creating a more productive and business-friendly economy.

Speaking on the significance of the initiative, stakeholders noted that the project will not only enhance trading activities but also attract investment, improve market access for local producers, and create opportunities for youth employment.

The market forms part of a broader national strategy to establish modern 24-Hour Economy Markets across the country to accelerate economic growth, strengthen local economies, and expand opportunities for businesses and entrepreneurs.

Residents and business operators in Fumso have welcomed the project with optimism, expressing confidence that the facility will transform the local economy and unlock new opportunities for growth and prosperity.

When completed, the Fumso 24-Hour Economy Market is expected to become a key commercial destination in the Adansi Asokwa District, driving trade, enhancing livelihoods, and contributing significantly to the socio-economic development of the area.