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.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

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.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

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).