SSNIT says Labadi Beach Redevelopment will create local economic opportunities

The Social Security and National Insurance Trust (SSNIT) says the proposed redevelopment of the Labadi beachfront presents an opportunity to create jobs, support local businesses and expand economic opportunities for residents of La and surrounding communities.

The Trust explained that the project could help move the area away from fragmented informal economic activity towards a more organised local economy, creating opportunities for residents to participate in the tourism value chain through employment, the supply of goods and services, and other related business activities.

In a background document outlining the project, SSNIT said the redevelopment seeks to transform the beachfront into an organised leisure and tourism destination featuring restaurants, beach lounges, water sports, wellness facilities, retail outlets and landscaped recreational spaces.