Accra: The government has implemented a strategic intervention to assist cement manufacturers by temporarily allocating an additional berth at the Tema Port. This measure aims to expedite the clearance of clinker, a crucial raw material in cement production, thereby alleviating the financial burden of mounting demurrage costs.
According to Ghana Web, this initiative was announced by the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare. The decision was taken following a closed-door meeting with cement manufacturers, where the challenges affecting their operations were discussed. The current congestion at the port and delays in clearing clinker were identified as significant factors escalating operating costs and potentially increasing cement prices.
The Minister highlighted that the existing three berths designated for clinker imports are insufficient to handle the current volume, leading to a backlog and additional costs for manufacturers. In response, the Ghana Ports and Harbours Authority (GPHA), after consultations with the Ministry of Transport, agreed to provide an extra berth temporarily to facilitate the clearance of accumulated cargo.
Elizabeth Ofosu-Adjare expressed her gratitude, stating, "I'm happy to inform you that the Ghana Ports and Harbours Authority, under the direction of the Minister for Transport, have agreed to give us an extra berth temporarily so that we can clear the backlog and free the manufacturers from demurrage."
In addition to the berth allocation, the Ghana Revenue Authority (GRA) has introduced measures to expedite the payment of duties. This will enable cement manufacturers to clear their clinker imports more swiftly, further reducing delays and costs. The interventions are part of the government's broader strategy to minimize unnecessary expenses for businesses and enhance Ghana's business competitiveness.
Director of the Tema Port, Tebon Zumah, voiced his optimism regarding the positive impact of these measures. He noted that faster clearance of clinker and reduced port delays could help manufacturers manage their operating costs more effectively, potentially preventing further increases in cement prices.