The Bekwaiman Development Committee (BDC) is to redevelop the 500 capacity Gyamfi Sports Stadium at Bekwai in the Ashanti Region into a modern 10,000-seater facility under a five-year (2013-2017) medium term development plan.
Stakeholders of the proposed project would require $14.8 million to complete it by 2017.
A proposal by the Planning Unit of the Bekwai Municipal Assembly has indicated that the Government of Ghana is expected to commit $8.88 million, representing 60% of the total cost of embarking on the project.
About $3.404 million (23%) is expected to be raised from investment from foreign governments and contractors, while development partners, non-governmental organisations and philanthropists are to contribute about $2.22 million (15%) towards the project.
Bekwai citizens and community fund raising by the local Development Committee would have to raise $296,000 (2%) towards the execution of the project, the proposal hinted.
Mr. Sampson Ofori, Secretary of the BDC, appealed to corporate bodies, business entities and individuals to support the project in cash and kind to ensure its completion on schedule.
He mentioned the target groups as the local assemblies (Bekwai Municipal and Amansie Central District Assembly), Ministry of Sports, Ghana Football Association, Central Government, youth groups, identifiable groups, civil society groups, as well as natives resident home and abroad.
Mr. Ofori said GHÂÂ¢320,000 had already been sunk into bringing the stadium to its present state.
The Secretary also announced that the BDC had initiated a GHÂÂ¢400,000 modern multi-purpose Community Centre complex at Bekwai for completion by 2015.