TDC is accelerating a pipeline of housing and mixed-use developments across Ghana, with projects underway in the Volta Region and Tema and a planned expansion into Kumasi, as the state-owned developer seeks to position itself at the center of Ghana’s urban growth agenda.
Managing Director Courage Makafui Nunekpeku said construction of the company’s Oxygen City Community 27 project in the Volta Region is progressing ahead of schedule, with the first batch of buildings expected to be completed next year.
“Well, as you can see during the display of the documentary, the Oxygen City community 27 has taken off and the project is progressing very well,” Nunekpeku said in an interview with The High Street Journal on the sidelines of the sod-cutting ceremony for the Tema Integrated Industrial Park.
“The first batch of the buildings will be ready by, hopefully, next year. That’s the target,” he said, adding that “all the contractors are ahead of schedule, and they are all out of the substructure almost.”
Nunekpeku said the company was also preparing to unveil a project in Kumasi later this year.
“Yes, currently we have a lot on the table that we are evaluating,” he said. “And we are looking at somewhere now, towards the end of the year, where we should unveil the Kumasi project as well.”
In Tema, the developer is simultaneously pursuing a large mixed-use redevelopment project tied to what Nunekpeku described as the “Tema Development Agenda,” including an events centre, retail shops and residential towers.
“The Events Centre, the Shops, the Clubhouse and the Tema Development Agenda,” he said. “It’s a project of 15 story buildings, 10 of them.”
He described the project as “a very complex one, state-of-the-art,” adding that it would include clubhouses and other commercial and recreational facilities.
TDC, originally established to plan and develop Tema, has in recent years widened its mandate into broader urban development and real estate projects aimed at supporting industrialization and economic activity.
