President Nana Akufo-Addo, on Thursday, commissioned a cutting-edge Dry Bulk Terminal, and the Prime Meridian Dock Company’s Floating Dry-dock at the Port of Takoradi in Ghana.
In addition, the President turned the first sod on a modern oil and gas services terminal that will cost US$98 million. This terminal is currently being built as a part of the strategic development of the Port of Takoradi. Because the Petroleum Hub is expanding and needs to provide room for fabrication companies, exploration companies, and their suppliers.
According to President Nana, The Floating Dry-Dock and Ship Maintenance facility is being financed by Prime Meridian Docks Limited. This initiative aims to complete maintenance tasks on ships that would otherwise need to make port calls at Las Palmas. As well as Carina and other ship repair facilities abroad.
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Remarks on the projects commissioned at the Port of Takoradi in Ghana
These initiatives, according to the President, “would improve cargo handling capacity, ship maintenance and repairs. As well as meet the demands of the oil and gas service industry within the Port of Takoradi in Ghana.”
Furthermore, the Dry Bulk Terminal, which was completed for a total of $85.0 million, “has been outfitted with modern ship loaders and eco-hoppers for the safety of both workers and residents of the Port community,” the President added.
Stating the private sector’s importance to national development, President Akufo-Addo applauded the Ghana Ports and Harbours Authority. For partnering with the private sector to implement these projects.
He added, “I am laying the groundwork for the Oil Service Terminal and the Floating Dry-Dock Projects. And the Ghanaian people and I are hoping that they will be finished on time to prevent cost overruns. In addition, Government has worked hard to modernise the Port of Takoradi in Ghana. And diversify its reliance on export of raw materials like manganese and bauxite. Which has never yielded high value returns to the country.”
