The Korle-Klottey Municipal Assembly (KoKMA) has unveiled a Business and Investment Guide alongside a Voluntary Local Review (VLR) Report as part of efforts to position the municipality as a prime destination for investment and sustainable urban development.
The two documents are also expected to strengthen tracking of progress towards the Sustainable Development Goals (SDGs) while providing investors with detailed information on opportunities within the municipality.
Launching the publications in Accra, Greater Accra Regional Minister Linda Obenewaa Akweley Ocloo described the initiative as a timely intervention to boost local investment promotion and improve development planning.
The VLR Report 2025 is designed to assess Korle-Klottey’s progress in implementing the SDGs, while the Business and Investment Guide outlines key sectors and opportunities available to prospective investors.
Mrs Ocloo highlighted the municipality’s strategic importance, citing its concentration of financial institutions, diplomatic missions, hospitality businesses and commercial enterprises.
She, however, stressed that unlocking full investment potential depends on addressing persistent challenges such as flooding, poor sanitation, traffic congestion and environmental degradation.
“Sustainable investment thrives in environments that are safe, well-planned and resilient,” she noted, reaffirming government’s commitment to supporting assemblies in creating enabling environments for investors.
Member of Parliament for Klottey Korle, Dr Zanetor Agyeman-Rawlings, called for a more inclusive approach to development, stressing that investment outcomes should directly improve the livelihoods of residents.
She said development should be measured not only by infrastructure growth but also by job creation, improved access to healthcare, and better educational opportunities.
Dr Agyeman-Rawlings added that the investment guide should encourage projects that support innovation, environmental sustainability, and local enterprise growth, while ensuring that communities and small businesses benefit directly.
Executive Secretary of the Inter-Ministerial Coordinating Committee on Decentralisation, Dr Gameli K. Hoedoafia, said Ghana’s decentralisation agenda requires local authorities to take a more active role in economic development.
He explained that assemblies must convert local assets into viable investment opportunities while strengthening revenue mobilisation, digital governance, and public-private partnerships.
Municipal Chief Executive for Korle-Klottey, Alfred Allotey-Gaisie, said the new guide forms part of efforts to market the municipality’s economic strengths and attract investors.
He noted that Korle-Klottey hosts key national institutions, including the central business district, major banks, diplomatic missions and the Secretariat of the African Continental Free Trade Area (AfCFTA).
He added that ongoing reforms in revenue generation and digital systems are improving service delivery and supporting the Assembly’s goal of building a modern, business-friendly urban centre.
KoKMA says the initiative marks a major step towards transforming the municipality into a competitive investment hub while aligning local development with global sustainability targets.
