On June 23, 2025, the Asantehene, Otumfuo Osei Tutu II, officially broke ground on the Kumasi Airport City project, a 50-acre mixed-use development located adjacent to Prempeh I International Airport. He emphasized the need for tailored policy frameworks and risk incentives to encourage indigenous investors to support national development.
Project Details & Vision
Led by HDG Group and Turkish partner Miller Holding, phase one includes:
- Greenwich: 80+ luxury gated residences
- Kensington Heights: Four 15-storey luxury apartment towers (750 units total)
- Best Western Premier Hotel: A luxury hospitality component
- Cinnamon office complex: Class A offices, commercial mall, medical centre, school
- Event centre, parks, and eco-friendly infrastructure
Delivery is expected in under two years, with Greenwich slated for completion in five months.
Call to National Action
The Asantehene urged a “national conversation” on local investment in Ghana’s future, backed by policy incentives, currency stability, and reduced investment risks.
He praised President Mahama’s administration for forex stability, stating it sets the foundation for productive, confidence-driven investments .
Broader Impact & Partners’ Perspectives
- Regional development: Ashanti Regional Minister Dr Frank Amoakohene flagged the housing deficit in the region (about 5.4%) and highlighted the project’s potential to create jobs and attract tourism/aviation investment.
- Economic scale: CEO of KOSS Assets projected US $70–100 million in investments within the Airport City, with the Best Western alone costing about $15 million.
- Sustainable urban standards: Developer Stephen Owusu emphasized walkable pavements, underground drainage, bike lanes, and abundant green spaces to promote a modern, livable smart city.
Why This Matters
| Area | Why It’s Significant |
|---|---|
| Urban Regeneration | Positioned to revitalize Kumasi and position it as a regional hub |
| Investor Confidence | Clear call for policies and currency stability to unlock capital |
| Job Creation | Project expected to drive employment and development |
| Smart Infrastructure | Incorporates eco-friendly design, modern amenities, and seamless planning |
What to Watch
- Policy Developments – Will government introduce tax breaks or incentives for indigenous investment?
- Project Progress – Updates on construction timelines, funding rounds, and development phases.
- Economic Spillovers – How Airport City stimulates ancillary businesses like hospitality, logistics, and retail.
- Smart City Integration – Partnerships with tech and educational institutions (e.g., proposed tie-ups with KNUST).
Final Take
Kumasi Airport City marks a bold stride toward modern urban transformation in Ashanti Region. With royal backing and a strong plea for local investor engagement, the project showcases what public-private collaboration can achieve. Its success could redefine Ghana’s blueprint for regional modernization—if policy, capital, and community momentum align.
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