Press Releases of Sunday, 2 April 2023

Source: Atlantic Shopping Mall

$20 million Atlantic Shopping Mall opens in Accra

Atlantic Shopping Mall Atlantic Shopping Mall

Atlantic Mall, Accra’s newest shopping mall constructed for $20 million, today March 31, 2023, officially opened for business.

Located at the Atomic Junction Roundabout in the North Legon area near the University of Ghana, the Atlantic Shopping Mall is expected to attract thousands of shoppers daily both far and near.

The mall, which is owned by Medco, houses over 40 shops. The shopping mall features a wide range of local and international brands such as The Outlet, Palace, and Mabel Kids Shop among others.

Official Launch

At the official opening ceremony, Mr. Kifle Hampton, Director of Medco, said the Atlantic Mall journey began with a simple idea - to create a shopping experience unlike any other in Ghana. “And now, here we stand, with a 20 million investment, a state-of-the-art facility that will serve a wide class of people.” According to Mr. Hampton, the Atlantic Mall is strategically located to provide a wide array of services and an unbeatable shopping experience.

He added that the mall will provide job opportunities for young people and also contribute to the growth of the Ghanaian economy. “This mall will provide employment opportunities for hundreds of people, both directly and indirectly. We believe in the importance of contributing to the local economy, and we are committed to doing our part.”

In a speech read on his behalf, the Minister for Works and Housing, Hon. Francis Asenso-Boakye said the opening of the Atlantic Mall as a hub of commerce will be a catalyst for economic growth in the region.

“The opening of this magnificent shopping mall promises to be a hub of commerce and a catalyst for economic growth in the region. It represents a significant milestone in the growth and development of Ghana's retail industry,” said Hon. Asenso-Boakye.

According to the Minister, the government recognizes the important role of the mall in creating jobs and generating revenue for the local economy.

The Atlantic Mall project which sits on approximately 13,000m2 of retail space was completed within 24 months. It has a spacious and secured parking bay for customers.

The project financial partners were Oasis Capital and Republic Bank Ghana with Broll Ghana being the property managers.