Finance Minister Dr Cassiel Ato Forson announced Thursday that the government will offer tax incentives to the Social Security and National Insurance Trust (SSNIT) to support the construction of five hotels nationwide by 2030. The initiative, presented alongside the 2027 Budget Statement and Economic Policy, is part of a broader push to expand tourism infrastructure and increase visitor spending.
The five proposed hotels include a five‑star property in Accra, a five‑star property in Kumasi, and three modern, affordable four‑star hotels: one serving the Cape Coast and Elmina heritage corridor, one in the Volta Region for eco‑tourism, and one in Northern Ghana. The plan also earmarks a new National Theatre in Kumasi as a cultural, performance, conference and creative‑industry hub.
Dr Forson added that the third pillar of the tourism development plan will focus on private‑sector‑led medical tourism. The government will establish a Ghana Medical Tourism Hub linked to specialist hospitals, diagnostics, rehabilitation, hotels, laboratories and pharmacies, with targeted tax incentives, serviced land and trunk infrastructure to support its development.
"By 2030, we expect higher arrivals, longer stays, greater visitor spending and stronger foreign‑exchange earnings," Dr Forson said. He emphasized that the benefits of the tourism expansion should reach local businesses and workers, including farmers, food suppliers, transport operators, craftspeople, artists, technology firms and event businesses.
