GHANA SIGNS CONTRACT TO BUILD CONTAINER TERMINAL AT ITS MAIN PORT AT TAKORADI

ACCRA, The Ghana Ports and Harbour Authority (GPHA) has signed a contract for the construction of a container Terminal at Takoradi Harbour, the country’s main port, about 230 kilometres west of here, at a cost of 370 million US dollars.

Its director-general, Paul Asare Ansah, told the media at the contract signing here Thursday that Ibistek Ghana Limited (IGL) had shown tremendous disposition to be able to execute the project among other bidders.

He added that the project would create 5,000 direct and indirect jobs for Ghanaians. The Agricultural Development Bank (ADB) and the Ghana Infrastructure Fund (GIF) are the main sources of funding for the project.

He said the GPHA would repay the loan over 15 years while the development of the project would span 10 years and then the project becomes completely a property of the Ghana Ports and Harbours Authority after 25 years”.

The Chairman and Director of (IGL), Kwame Gyan, said his company was grateful for the confidence GPHA had shown in his firm. Ibisteck Ghana limited is a solely Ghanaian company which has the capacity and experience in construction of container terminals across the (West African) sub-region, and I am optimistic we will execute a good job,” he added.

Source: NAM NEWS NETWORK

   

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GHANA SIGNS CONTRACT TO BUILD CONTAINER TERMINAL AT ITS MAIN PORT AT TAKORADI

ACCRA, The Ghana Ports and Harbour Authority (GPHA) has signed a contract for the construction of a container Terminal at Takoradi Harbour, the country’s main port, about 230 kilometres west of here, at a cost of 370 million US dollars.

Its director-general, Paul Asare Ansah, told the media at the contract signing here Thursday that Ibistek Ghana Limited (IGL) had shown tremendous disposition to be able to execute the project among other bidders.

He added that the project would create 5,000 direct and indirect jobs for Ghanaians. The Agricultural Development Bank (ADB) and the Ghana Infrastructure Fund (GIF) are the main sources of funding for the project.

He said the GPHA would repay the loan over 15 years while the development of the project would span 10 years and then the project becomes completely a property of the Ghana Ports and Harbours Authority after 25 years”.

The Chairman and Director of (IGL), Kwame Gyan, said his company was grateful for the confidence GPHA had shown in his firm. Ibisteck Ghana limited is a solely Ghanaian company which has the capacity and experience in construction of container terminals across the (West African) sub-region, and I am optimistic we will execute a good job,” he added.

Source: NAM NEWS NETWORK

   

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