SSNIT to build five-star hotels in Accra and Kumasi under new tourism plan

The government has announced plans to support the construction of five-star hotels in Accra and Kumasi by 2030, as part of efforts to strengthen Ghana’s tourism and hospitality industry. Finance Minister Dr Cassiel Ato Forson said the Social Security and National Insurance Trust (SSNIT) would undertake the projects, with the government providing targeted tax incentives to facilitate their development.

Presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, he said the hotels formed part of a broader strategy to position Ghana as West Africa’s preferred destination for international conferences, business tourism and major events. “Government will grant tax incentives to SSNIT to also build by 2030: a five-star hotel in Accra; a five-star hotel in Kumasi,” he told Parliament.

The hotel projects will complement plans to establish an ultra-modern international convention centre at the La Trade Fair Centre. The facility is also expected to be built and operated by SSNIT to attract major international gatherings to Ghana. The government is also proposing the construction of affordable four-star hotels in the Volta Region, Northern Ghana and along the Cape Coast-Elmina heritage corridor.

The additional facilities are intended to support the development of eco-tourism and heritage tourism, while expanding accommodation options beyond the country’s major cities. The projects form part of a proposed US$1 billion investment in tourism, culture and the creative arts under Pillar Five of the 2027 Budget. The government says the broader investment is aimed at strengthening the sector’s contribution to economic growth and positioning Ghana as a competitive destination for international visitors and events.

READ ALSO: These are the 8 pillars of the ‘New Economy’ in the 2027 Budget