Uplift GPHA signs $1.5bn agreement to expand Tema Port

The expansion project which is scheduled to be completed in three years includes plans for the potential construction of additional terminal facilities, including bulk, liquid bulk and general cargo terminals, as global trade with Africa continues to accelerate.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

The Ghana Ports and Habours Authority (GPHA) and Meridian Ports Services, a joint venture between Bolloré Africa Logistics, APM Terminals have signed a 1.5 billion dollar agreement for the expansion of the Port of Tema.

The expansion project which is scheduled to be completed in three years includes plans for the potential construction of additional terminal facilities, including bulk, liquid bulk and general cargo terminals, as global trade with Africa continues to accelerate.

"We are excited about how this port will contribute to Ghana's future economy. Increased access to global markets is a key component of Africa's ongoing economic growth, and the new, world-class port development which begins here today will help to put Ghana, and all of West Africa at the forefront of African global trade," stated APM Terminals CEO Kim Fejfer.

"MPS is the quintessential example of a successful public-private venture between two European partners and the government of Ghana. By virtue of this project, along with the trust we place in Ghana's emerging economy, we extend our commitment through a major project that will help bridge Ghana's economy to the outside world under the most favourable conditions," said Philippe Labonne, CEO Bolloré Africa Logistics.

According to the Transport Minister, Dzifa Attivor who witnessed the signing in Accra, the project will enhance the efficiency of the Port.

The Minister for Transport, Dzifa Attivor who witnessed the signing in Accra said the project will enhance the efficiency of the Port and make it more competitive.

It will also provide employment for more than three thousand Ghanaians, officials say.

In a separate project, APM Terminals and Bolloré Africa Logistics will upgrade the current highway between Accra and Tema to a six-lane modern highway along with improved connecting roads and access point to enhance the movement of cargoes into and out of the port of Tema and the hinterland.

Recommended Articles

Recommended Videos





Top Articles

1 Video Metro Mass bus catches fire on Cape Coast-Kasoa highwaybullet
2 Akrasi Sarpong High court convicts former NACOB boss for contemptbullet
3 Nkonya Terminator "I am not afraid of death" - Kwabena Adjeibullet
4 Kintampo Waterfalls Accident Ambulance conveying Kintampo victims...bullet
5 Kintampo waterfalls accident Angry gods caused Kintampo tree...bullet
6 Charity First Lady pays cost of heart surgery for 7-year-old girlbullet
7 Dr Mahamudu Bawumia Veep pays surprise visit to Passport Officebullet
8 Kintampo Waterfall Accident Tourist site closed down...bullet
9 Security Ghana Armed Forces resumes 2017 recruitment...bullet
10 Unauthorised Structures AMA to demolish illegal...bullet

Top Videos

1 Prophecy I predicted Kintampo accident - Prophetbullet
2 Ghana@60 Agya Koo embarrassed Ghana at Independence Day - Asiedu Nketiabullet
3 Health Alert Fufu is killing Africans - Mensah Otabilbullet
4 Video Metro Mass bus catches fire on Cape Coast-Kasoa highwaybullet
5 Meet "The Beast" President Obama's Cadillac that's more tank...bullet
6 Video Taxi driver terrified after an encounter with a ghostbullet
7 Obinim What happen'd when we fact checked Obinim's Bible...bullet
8 Watch Kumchacha delivers Counselor Lutterodt from 'demons'bullet
9 In Zimbabwe President Mugabe’s 70 year-old aide marries...bullet
10 Vitiligo Enam Honya - is challenging what you think...bullet

News