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Business News of Tuesday, 25 February 2020


US$210 million Atlantic Terminal project underway at Takoradi Port

Contractors say they are on course to complete the project on time Contractors say they are on course to complete the project on time

The Local Economy of Sekondi-Takoradi has been boosted with over US$210 million dollar construction of an Atlantic Terminal with the Port of Takoradi by Ibistek, an indigenous Ghanaian Company.

The Atlantic Terminal which will sit on a 62 hectors of reclaimed land being undertaken by a Belgium Company Jan DeNul is expected to be completed on November, 03, 2021.

Speaking to a cross section of the media at the Port of Takoradi, Board Chairman of Ibistek Ghana Limited, Nana De Sackey revealed that the terminal forms part of the vision to transform and modernise the port built during the Gordon Guggisberg era.

The Director of Port, Takoradi Capt. Ebenezer Afedzie stated that the Port has since the discovery of oil and gas in 2007 been strategically positioning itself to provide the needed platform for oil and gas services and serve the business needs of its clients.

Project Manager for the Jan DeNul, Calin Andreescu added that they’re on course to meet the deadline for the project after signing the contract on December,19 last year.