Takoradi Port Development Works Set for January 2019

Business & Finance

Ibistek Limited will begin the physical construction works on the development of the multipurpose Atlantic Terminal Services on-dock facility at the Ghana’s Takoradi Port in January 2019, the Ghana News Agency (GNA) said in their latest announcement.

Image source: Ghana News Agency

The news comes after the signing of a project management contract with Royal HaskoningDHV of the Netherlands for the provision of a technical advice and construction supervision in relation to the construction of the one-million twenty-footer equivalent units (TEUs) multipurpose container terminal.

The Chairman of Ibistek, Mr. Kwame Gyan, signed the deal on behalf of the company, while Mr. Frederik Mabesoone, Director in charge of Business Development, Maritime and Aviation, put its signature on behalf of Royal Haskoning DHV.

Following the signing of this capital port development contract, Ibistek is now set to begin negotiations with Jan de Nul towards the signing of the Engineering, Procurement and Construction (EPC) agreement, GNA reports.

Creating a deeper draft

The project, which is a joint venture between Ibistek and the Ghana Ports and Harbors Authority (GHPA) under a concession agreement signed between the two in 2017, would develop dedicated port terminal facilities within the Takoradi Port for the handling of containers and containerized cargo and other multi-cargo commodities and related terminal services.

Under the development, the harbor basin will be dredged to create a deeper draft of 16 meters, capable of handling Post Panamax vessels that could carry 22,000 containers at a time.

According to GNA, a vast sea area would also be reclaimed for the development of five new berthing facilities as well as the building of a 1700 meter square of quay wall (a retaining structure used to dock floating vessels and transfer goods).

The multipurpose container terminal will also serve as a main transhipment point for cargo moving from Ghana to neighboring landlocked countries.