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WHAT THE $84 MILLION PROJECT MEANS TO POKUASE AND IT SURROUNDINGS

On Tuesday July 3, 2018, The Senior Minister, Yaw Osafo Marfo performed a Sod-Cutting Ceremony on behalf of the President of the Nation, Nana Addo-Dankwa Akufo-Addo, for the construction of the Pokuase Interchange and other roads in the Ga West Municipality.The interchange which is expected to be completed by 2020 includes the construction of a two- kilometre road to link the Accra-Nsawam Highway, the construction of two-kilometre road to Kwabenya and the construction of 10- kilometers of local roads. To ease traffic during construction, the project selected some local roads within the 4 quadrants of the interchange. These will be used as part of the routes to manage traffic during construction.

This major project is expected to ease traffic congestion, facilitate socio-economic activities and benefit investors who are looking to cash in on the expected rise in the prices of certain products. Some of the industries to receive a major uplift after the completion of the interchange are the Transport Industry, Agro-Industries and the Real Estate Industry. For a couple of years now, these industries have been receiving major hits with the Real Estate industry suffering most, all due to the traffic congestion on the Pokuase – Nsawam Road.

This is evident in most home buyers preferring to reside in the Kasoa or Oyibi areas despite their respective distances from the central business area. Statistically speaking, Pokuase has the shortest distance (21.7km) to central Accra as compared to Kasoa (32.5km) and Oyibi (32.8km). So one can clearly state that, distance is not the major deterrent to homebuyers considering a property within that region. In an effort to look at price too, I spoke to the C.E.O of GHS HOUSING LIMITED, one of the major developers currently building 198 affordable 2, 3 & 4 Bedroom Houses at Kutunse. He stated that “The traffic congestion has negatively affected Property values but expects an increase after completion of the project as it will eliminate the leading factor turning people away from residing in the Pokuase – Amasaman – Kutunse area”. He also advised that, investing in real estate in the area will be the best bet for everyone.

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