President John Dramani Mahama has cut the sod for the construction of a $98.41 million Berth 19 facility at the Takoradi Port to expand its operational capacity and strengthen Ghana's maritime trade.

The 300-metre-long facility will have the capacity to accommodate vessels of up to 75,000 deadweight tonnes and is expected to improve the port's operations and revenue generation.

The Minister of State in charge of Government Communications, Felix Kwakye Ofosu, announced the development in a statement shared on X on November 10, 2026.

"President Mahama storms the Takoradi Port today to cut sod for this $98.41 million, 300-meter-long, 75,000 dead-weight-tonnage capacity Berth 19 facility," he stated.

According to Kwakye Ofosu, the project will be financed directly from the internally generated resources of the Ghana Ports and Harbours Authority (GPHA).

President Mahama to cut sod for three 160-bed regional hospitals - Kwakye Ofosu

He cited the expansion of the Tema Port through the Meridian Port Services (MPS) arrangement as an example of President Mahama's investment in critical infrastructure.

"Since the massive MPS Terminal started operations, GPHA has earned $421 million (about GH¢5 billion), enabling them to finance major investments in their operations from their own resources," he added.

He further indicated that the Berth 19 project would enhance operations at the Takoradi Port, increase revenue and contribute to the expansion of Ghana's trade sector.

The project is expected to support the government's broader economic transformation agenda under the New Economy Programme, which is scheduled to be introduced in the 2027 Budget Statement and Economic Policy on Thursday, November 12, 2026.

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President Mahama has the track record and heft to lead a transformation of the structure of the Ghanaian Economy through the New Economy Programme to be introduced in the 2027 Budget Statement and Economic Policy on Thursday.

Take for instance his knack for making the right investments in critical infrastructure that underpins economic progress.

A prime example is his visionary decision to expand the Tema Port through the MPS arrangement.

Since the massive MPS Terminal started operations, GPHA has earned $ 421 million (about to GHS 5 billion), enabling them to finance major investments in their operations from their own resources.

Armed with an axe and shovel, President Mahama storms the Takoradi Port today to cut sod for this $98.41 million, 300-meter-long, 75,000 dead-weight-tonnage capacity Berth 19 facility.

This project is being funded directly from GPHA's own resources and will enhance the operations of the Takoradi Port, rake in more revenue and further expand the Trade sector. Se

— Felix Kwakye Ofosu (@FelixKwakyeOfo1) November 10, 2026