Alan John Kwadwo Kyerematen, leader, founder, and presidential candidate of the Movement for Change/Afrafranto Alliance, has pledged to complete the Greater Kumasi Industrial City and Special Economic Zone project at Ejisu if elected president in the December 7 polls.
Speaking during a visit to the Palace of Ejisu Manhene, Nana Afrane Okese IV, on Thursday Kyerematen emphasised that the project would be a game-changer for Ghana’s industrial and economic future.
“If elected as president, I will build the biggest projects that can turn the fortunes of the country,” Kyerematen declared.
He highlighted the importance of the Greater Kumasi Industrial City, stating, “I want every Ghanaian to know that there is something big coming into the country – this project is a massive step toward industrializing our economy.”
The $2.5 billion initiative is expected to revolutionise the nation’s industrial sector and create vast employment opportunities.
Kyerematen revealed that the Ejisu Manhene played a pivotal role in drafting the project, which demonstrates their shared vision for the region.
“Nana Afrane Okese IV was part of the team that conceptualised this entire project,” he noted, adding, “I single-handedly secured $30 million in World Bank funding to get this project started – this is proof that I have Asanteman and Ejisu at heart.”
In addition to the World Bank funding, Kyerematen secured $100 million from the government of the Republic of Korea for the first phase of the project.
He pointed out that while the government has already initiated the Buankra Inland Port, “the port alone cannot move the industrialisation agenda I have been championing. That is why the Greater Kumasi Industrial City is needed to truly accelerate our industrial progress.”
Describing the project in an interview after his visit to the Ejisu Palace, Kyerematen said, “This will be the largest industrial project since Dr Kwame Nkrumah’s Tema Industrial City. It’s a great vision that will revolutionise Ghana’s industrial sector.”
He explained that the project would create a high rate of employment, generate government revenue through corporate and income taxes, and boost exports while reducing imports to stabilise the country’s foreign exchange rate.
“This project will not only stabilise our foreign exchange but also reduce import dependency, helping to make the Ashanti Region the industrial hub of West Africa,” Mr Kyerematen emphasised.
He added that beyond its economic significance, the project demonstrates his commitment to transforming Ghana and elevating the Ashanti Region’s role in the industrial revolution.
With unemployment now a pressing national security issue, Kyerematen stressed, “This project is not just a vision; it’s essential for the future of Ghana. Beyond 2024, this will be a critical project for our economic stability.”
He expressed confidence that the Greater Kumasi Industrial City would drive sustainable growth and create long-term employment opportunities.
Nana Afrane Okese IV, endorsed Kyerematen’s bid for the presidency, stating, “I will always support his aim of becoming the president of the republic.”
The chief commended Kyerematen’s commitment to industrialising the country and creating lasting change.
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