When the tender process closes on 27 January a group of 18 companies will present technical and financial bids for the project, which is worth an estimated US$2.5bn.
Having seen several major finds offshore, the country is emerging as an oil producer. This, coupled with the Port Authority’s hope of establishing Ghana’s ports as regional hubs for containers, break-bulk and bulk cagoes make upgrades necessary.
Currently Tema handles less than 1m teu a year (822,000 in 2012) but that is hoped to double as container terminal capacity increases. Takoradi, which caters mainly for break-bulk and bulk cargoes, handled slightly less than 61,000 teu last year.
The country is also a major exporter of cocoa and its ports are handling increasing machinery and equipment for the oil industry. With Ghana’s territorial waters seemingly immune from the influence of pirate activity, the country is confident of attracting business away from neighbouring ports in the Gulf of Guinea.
(Source: Ports and Shipping)