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Multi-purpose terminal to be developed at Ghana's Takoradi port
THE Ghana Ports and Harbours Authority (GPHA) has awarded a U$370 million 25-year concession to develop a container and multi-purpose terminal at the Port of Takoradi.
Ghanaian engineering firm IbisTek has agreed to develop the port to meet GPHA's forecast cargo growth estimate of up to one million TEU capacity, reported London's Port Technology.
Various lending agencies led by the African Development Bank (AfDB) and the Ghana Infrastructure Investment Fund (GIIF) will invest in the project, which is expected to create 2,000 jobs.
The Port of Takoradi aims to position itself as the gateway for development into the western parts of Ghana and play a pivotal role in its economic development.
Ghanaian engineering firm IbisTek has agreed to develop the port to meet GPHA's forecast cargo growth estimate of up to one million TEU capacity, reported London's Port Technology.
Various lending agencies led by the African Development Bank (AfDB) and the Ghana Infrastructure Investment Fund (GIIF) will invest in the project, which is expected to create 2,000 jobs.
The Port of Takoradi aims to position itself as the gateway for development into the western parts of Ghana and play a pivotal role in its economic development.
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