The project will employ about 150,000 people from construction to the operational stage.
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The President expressed hope that the project will be completed on time, and within the stipulated construction period.
“I am confident that all of us, gathered here, will be present again here, very soon, for the commissioning of this project”, he added.
President Akufo-Addo said the project is a public-private partnership and said Ghana intends to go the path of beachfronts development as seen in other West African states.
"Today, we begin the realization of this pledge, with the construction of the Marine Drive Tourism Investment Project. We are all aware how countries all over the world, particularly our neighbours in West Africa, have made good use of their beachfronts, and, as a result, rake in considerable revenues for the development of their communities and countries. We intend to go down that path,” the President said.
With the conception of this project dating back to the time of independence, President Akufo-Addo stated that “I am happy that, in spite of the many unsuccessful efforts made in the past to undertake this project, today, we are beginning this project.”
He continued, “It is noteworthy, also, that the required consultations have been done prior to this ceremony. I am happy to hear that the Chiefs have given their full support to the project, and that their concerns have been addressed. Nii mei, wƆn da nyɛ shi.”