President Akufo-Addo unveils 2nd phase of Tema port expansion project, signals new era in Ghana’s Maritime Industry

In a historic moment for Ghana's maritime landscape, President Nana Addo Dankwa Akufo-Addo has officially inaugurated the second phase of the Tema Port Expansion Project.

The initiative, a crucial component of the Ghana Ports and Harbours Authority's (GPHA) master plan introduces a fleet of 15 cutting-edge gantry cranes and significant civil works development, reinforcing the port's stature as a paramount hub for West Africa.

The 2nd Phase of the Tema Port Expansion Project encompasses the paving of an expansive 270,000-square-meter area, expanding the terminal's footprint from 100 hectares to an impressive 127 hectares. The phased delivery of the first section, comprising a 50,000 square-meter area, is slated for July 2024, with the entire project anticipated to reach completion by September 2025.

Addressing distinguished guests, Mr. Samara expressed the transformative impact of this investment, stating, "Today's gathering marks the initiation of the 2nd Phase of our investment, one that promises to usher in a new era of enhanced capacity at Tema Port. We are setting in motion a transformation that will fundamentally alter Ghana's standing in the maritime industry of West Africa.

"The CEO of MPS further particularised that when this colossal undertaking is complete, Tema Port will stand shoulder to shoulder with the world's most
renowned ports and compete favourably with the largest ports on the African continent.

Mr. Igor Van den Essen, Regional Managing Director of Africa and Europe at APM Terminals, underscored the commitment to holistic human resource development. He emphasized a decade-long focus on Lean Management principles, resulting in the creation of numerous job opportunities, with approximately 5000 workers employed in Phase 1 alone.

The acquisition of 15 state-of-the-art gantry cranes signifies a substantial boost to Tema Port's cargo-handling capacity, aligning it with global trade demands. With a total of 12 Quay Cranes and 41 Yard Cranes, Tema Port stands as one of Sub-Saharan Africa's most efficient ports, garnering international acclaim from leading global shipping lines.

The expanded port boasts a 1.4 km quay with four deep berths, equipped with sophisticated container-handling gantry cranes and Terminal Operating Systems.

It can accommodate some of the world's largest cargo ships, carrying up to 18,000 containers.

Commending all stakeholders, Michael Luguje, Director General of Ghana Ports & Harbours Authority, stated, "Tema Port and especially MPS Terminal 3 still remains the best in West and Central Africa. We are grateful for all the partnerships that have contributed to elevating the status of the Tema Port".

Highlighting Ghana's attractiveness to investors, Philippe Labonne, President of Africa Global Logistics articulated AGL's strategic vision for Africa, emphasizing their commitment to creating job opportunities for the youth of Ghana.

Kwaku Ofori Asiamah, Minister of Transport, confirmed plans for a crucial road link from the Motorway to the Tema Port, with construction set to commence in the first quarter of next year.

President Akufo-Addo reiterated the government's commitment to self-reliance through an export-driven economy, urging ambassadors and business leaders to champion investment in Ghana's stable political and social climate.

MPS Terminal 3 is recognized as a vital transport infrastructure for the AfCFTA's vision. The Tema Port Expansion Project's Phase 2 is poised to generate substantial employment opportunities for the Ghanaian construction workforce, aligning with the nation's goal of becoming a key economic hub in the sub-region.

About Meridian Port Services Ltd (MPS):

MPS, a leading port operator in Ghana, specializes in port and container terminal handling services. Established as a joint venture between Ghana Ports and Harbours Authority (GPHA), Africa Global Logistics (AGL), and APM Terminals, MPS remains firm in its mission to stimulate growth, innovation, and efficiency within Ghana's vibrant maritime sector.

The Tema Port Expansion Project stands as a testament to MPS' commitment to driving value creation across key sectors of the economy. This project's utilization of cutting-edge technology and equipment will result in reduced freight costs, paving the way for a prosperous and streamlined maritime industry.