…Expected to become largest port in West Africa
The Tema Port is to benefit from a US$1.5 billion expansion project which will be financed through a public-private-partnership between the Ghana Port and Harbour Authority (GPHA) and Meridian Port Services (MPS).
The Ghana Port and Harbour Authority (GPHA) and the Meridian Port Services (MPS) together with APM Terminal has since signed a memorandum of understanding to that effect.
The expansion works will also include the expansion of the Accra- Tema Motorway into a 3-lane highway in both directions.
Meridian Port Services is one of the top container terminal operators in Africa while APM Terminals is also one of the world's largest port and terminal operators based in the Netherlands, and its partner Bollore Africa Logistics (Africa's leading integrated logistics network).
The project will take 4 years to complete and will transform the Tema port to accommodate larger vessels with four deep water berths and access channels.
The Tema Port will become the largest cargo port in West Africa and one of the best in Africa with a capacity of 3.5 million Twenty-Foot Equivalent Units (TEU) per annum. The port is currently 1 million TEU.
After been briefed on the Project, President John Mahama congratulated GPHA and MPS for the continued partnership between the two companies.
He said ‘ports in West Africa are in competition with each other because of not only our own internal traffic but also because of the traffic of landlocked countries, adding that the more efficient our port is the more traffic it will attract and the more jobs it will create within our economy.’
He stated that Tema port has been constrained for a long time and many people have complained about the congestion at Tema port.
‘So it has been one of the priority projects that this government has put before it to execute in order that we ease the congestion and improve the efficiency so that the shipping lines will feel more comfortable discharging their cargo here in Tema than in any other port on the west coast of Africa,’ said President Mahama.
In March this year, the President commissioned the new cranes that had been installed at the port. This brought the idea of MPS investing further to expand this port came up. Already GPHA had created a master plan to expand the port and MPS took up the challenge.