The Kumasi Metropolitan Assembly (KMA) is to spend about ?67 billion under the first phase of the Race Course rehabilitation project, to resettle traders who were displaced from the central business area in Kumasi.

The project, which would involve the provision of electricity and the construction of roads, stalls, stores, a police post, sanitary areas and pipe-borne water would take off in less than a month if the assembly is able to source for funding.

About 4,000 displaced traders who are involved in various categories of business would be provided with stalls, stores and other facilities that would enhance their business activities.

A member of the KMA decongestion team, Mr Atta Boafo, made this known when the deputy minister for local government and rural development, Mr Kofi Poku-Adusei, toured selected satellite markets in the Kumasi Metropolis.

The tour was to enable the minister to learn at first hand, the shortcomings of the satellite markets and devise means of assisting to speed up their development for the accommodation of some of the displaced traders who were affected by the recent decongestion exercise carried out by the KMA decongestion task force.