Ghana has started the construction work of the multi-purpose Atlantic Terminal Services on-dock facility at the Takoradi Port, which will entail an investment of $475m.

The expansion of Takoradi Port is part of the Ghana government’s strategy to establish Ghana a trans-shipment hub in the West African Sub-region.

The project will be executed on the EPC basis by a joint venture (JV) of Ibistek, an ingenious Ghanaian company, and the Ghana Ports and Harbours Authority (GPHA). The Royal Haskoning DHV is offering technical consultation.

The first phase of the project was launched in Takoradi on 2 August 2019. The scope of the project includes construction of a 600m quay wall with pavement, while the port basin will be dredged to a 16m depth.

It will also include land reclamation to construct five new berths to enable the port to accommodate larger vessels. The first phase is expected to cost $200m and is slated to complete in next two years.

Ibistek chairman Kwame Gyan told AllAfrica: “This is the first time the locals are building and operating a deep sea port and we think that the capacity we have developed from project inception through execution shows our capability. Down the road we will end up in the West African sub region.”

Explaining the proposed development during the second phase, Gyan told the publication: “This port will be ready with all the facilities of a first class and then we continue from phase two to extend the key length from 600m to 1,495m so we are in it for the long haul. We know that by the grace of God we will get there.”

The Atlantic terminal, when completed, will have a cargo holding capacity of one million twenty-footer equivalent units (TEUs).