The Chief Executive of the Accra Metropolitan Assembly (AMA), Mohammed Adjei Sowah, has cut the sod for the rehabilitation of the 31st December Makola Market in Accra .
The rehabilitation work is expected to cover an area of 585 square meters which would accommodate about 180 traders.
Mayor Sowah in an engagement with traders of the market before handing over the site to engineers said the rehabilitation would go a long way to boost the economy of the city, since markets play an integral part of the local economy.
"The informal economy is the backbone of the local economy and markets in Accra are the heart of the informal economy so for us rehabilitating the market would strengthen and enhance the informal economy in Accra. The market women are in charge of the city's economy hence investing in the market would have positive impact on the economy," he said.
The Mayor explained that because of the near collapse of the sheds, a lot of the traders have moved out or stop coming to sell in the market adding that the situation was affecting the Assembly's revenue generation.
He said the Assembly had engaged leaders of the market on a movement plan to ensure that no trader was displaced during and after the rehabilitation work and the sheds returned to owners after their re-construction.
The Greater Accra Markets Queen, Madam Mercy Needjan, commended the Mayor and the Assembly for putting smiles on the faces of the market women, as the issue had persisted for long time.
She noted that the current state of the sheds was nothing to write home about describing it as a life and death.
“We are not going to take the sheds away from traders instead they will be allocated temporary spaces to trade and then after the sheds are fixed, they will return back to their sheds, she assured.
The President of the Makola No 2 Market, Christiana Laryea, urged the contractors to work assiduously and complete the work as scheduled and was hopeful that the rehabilitation would attract traders who had left the market especially to pedestrian walk ways and streets back into the market.
The Mayor together with leadership of the market and engineers toured the market to access the extent of damage and the 31st December Women Day Care School to interact with teachers and pupils.