Monday, 22 January 2018
Lakeside Business Association: Championing business in Lakeside Estate

Lakeside Business Association: Championing business in Lakeside Estate

FORMED to develop economic ties between members and also promote commercial trade, the Lakeside Business Association (LBA) has not only increased the commercial viability of businesses within Lakeside Estatebut also advanced the general welfare of all residents.

The LBA, which was established in the last quarter of 2013, currently has 16-member companies that contribute some GH₵58 million in annual turn-over in Lakeside Estate, locatedin the Adentan Municipality of the Greater-Accra Region.
Some active members of the Association include: Sweden Ghana Medical Centre; Lakeside Estate; Environ Pole; Madina Institute of Science and Technology (MIST); Advance Construction and Development Ltd and Global Lighting Ltd.
According to the President of the Association, Adams Bonaa, the LBA has played a pivotal role in developing and transforming business and trade within Lakeside Estate since its inception.
“The Association has, over the years, united its members with the aim of promoting business in the Lakeside Estate community.Ithas provided members with a level ground to share their concerns on how toincrease their profitability while seeking the betterment of the Estatein general,” he said.
“The Lakeside Business Association also provides occasional training for its members on critical issues,” Mr Bonaa added.
Over the years, lectures and training programmes organised by the Associationinclude: Gas Cylinder Safety, Cancer Prevention and Cancer Care, overview of the Social Security and National Insurance Trust (SSNIT) and Super Affordable Flats.
Just over the weekend, an expert took members through what the Environmental Protection Agency (EPA) does and why it is important to have an EPA Certification.
The Association is,indeed, serving its purpose. And with the opening of the $1.1 millionLakeside Business Centre (LBC), its membership is set to grow.
During the official launch of the Lakeside Business Centre in May, this year, theExecutive Director of the Association,Alhajj SalahKwekuKalmoni, presented the future outlook of commercialisation in Lakeside Estate.The Lakeside Business Centre, he said, is a phase of that commercialisation.
Other notable projected projects, which will help increase the membership of the LBA, include: a Cardio Hospital; the establishment of a renowned university; a Japan Motors after sales/service centre and showroom as well as a site demarcated for the construction of a modern mall.
All these developments are set to further grow and strengthen the Lakeside Business Association.Given the giant strides made by the Association within a relatively short period of four years, the LBA is truly on coursefor greater things in the years ahead.

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