The Tema Development Company (TDC) Ghana Limited is repositioning itself as a national urban development player, as President Mahama cuts sod for a major housing and mixed-use project in the Volta Region.
The project, known as Oxygen City, marks a strategic shift by TDC away from its long-standing focus on Tema toward a broader mandate to develop growth corridors across the country. The 1,860-acre development at Agbokope, near Ho, is expected to combine residential housing, industrial activity, commercial services and health tourism infrastructure.
The communities in Tema end at Community 26, with the new project set to continue to become Community 27 outside Tema.
Speaking at the sod-cutting ceremony, Managing Director of TDC, Courage K. M. Nunekpeku, said the project reflects TDC’s post-restructuring mandate to move beyond land management in Tema and take a more active role in regional development. He described Oxygen City as a response to rising demand for planned urban communities outside Ghana’s traditional economic centres.
Under the plan, Oxygen City will host affordable and serviced residential units, a dedicated industrial park, a commercial and business district and a health tourism facility, supported by modern roads, utilities and sustainable infrastructure. Mr. Nunekpeku said the design deliberately supports the government’s 24-hour economy policy by enabling continuous business activity in logistics, health services, hospitality and tourism.
He positioned the Volta Region as a strategic choice, citing its growing population, improving connectivity and proximity to the Ho Airport. According to him, the project is intended to ease development pressure on Accra and Tema while unlocking investment potential along the eastern corridor.
Beyond the Volta Region, Mr. Nunekpeku outlined an aggressive redevelopment agenda for Tema itself. He disclosed that TDC has received clearance from the Ministry of Finance to redevelop the Kaiser Flats into high-rise residential towers, as well as the Italian Flats area at Community Two. These projects, he said, will serve as reference points for a broader transition from low-rise to high-density urban housing in Tema.

Since assuming office, Mr. Nunekpeku has also overseen internal reforms at TDC, including departmental restructuring and the introduction of 24-hour service delivery. He said application processing times have been reduced through new courier-based systems aimed at improving efficiency and customer experience.
TDC is also preparing to roll out projects in other regions, including Ashanti, Central, Western and Eastern regions, with longer-term plans to extend development activities to parts of northern Ghana.
As part of its affordable housing drive, Mr. Nunekpeku announced that TDC is on course to deliver about 800 two-bedroom housing units at Community 26 by June, a timeline he described as unprecedented in the company’s history.
The Volta Region project, he said, underscores TDC’s renewed ambition to play a central role in Ghana’s urban transformation, driven by partnerships with government, the private sector and traditional authorities.