This project entails the construction of 2,500 capacity car parking facility at Adum, the Central Business District of Kumasi Metropolis, to improve vehicular and pedestrian traffic as well as reduce travelling time and cost to the CBD
The project has not started.
Concept Stage: Specific projects are identified and conceptualized. There exists a basic economic model.
This project is a top priority for the city because of the heavy vehicular and pedestrian traffic congestion at the CBD. The CBD is made up of the Kumasi Central Markets (+30,000 shops), Adum (+5,000 Stalls) and the Kejetia Mall (+8,000 stalls). However, the city has only 108 consciously designed parking spaces to accommodate all vehicles entering the CBD. This has resulted in on-street parking hence heavy vehicular traffic congestion. Thus, it increases the cost (i.e. time and fuel) of transacting business at the CBD and discourages shoppers from coming to the CBD to patronize goods hence affecting the profit margins of the traders. It also has the potential to generate revenue for the development of the city.
The project is going to benefit drivers (commercial and private), traders at the CBD and shoppers that patronize goods and services at CBD as well as the City Authorities. Over 1,500,000 people will be positively impacted by the project.
The construction of multi-storey parking facility at Adum-Kumasi will result in efficient and resilient transport infrastructure in the CBD and will help passengers using vehicles to save cost and improve the travelling time to and from the CBD.
Through signed contract agreement between the private sector investor and the government agency.
Public Private Partnership
Land for the project has been secured by Kumasi Metropolitan Assembly
Technical and financial support to conduct comprehensive feasibility studies.
Yes. Subnation/regional level
The government will provide land for the project, permit and license to operate
Ministry of Local Government and Rural Development;
Key Contact Person - Sylvester Agbenyonu (Director of Policy Planning Monitoring and Evaluation)
Kumasi Metropolitan Assembly;
Contact person - Michael Agyemang (Director of Plan Coordination, Monitoring and Evaluation)
Cities Investment Platform in progress - updates pending
Project featured on the Cities Investment Platform, which was launched at the Tenth Session of the World Urban Forum (WUF10)
No supporting documents included.