President Nana Addo Dankwa Akufo-Addo, yesterday, inaugurated a new state-of-the-art Dry Bulk Terminal and the Atlantic Terminal Services Multi-purpose Container Terminal as well as the Prime Meridian Dock Company’s Floating Dry-dock at the Takoradi Harbour in the Western Region.
The President also cut the sod for work to commence on the construction of a US$98million modern oil and gas services terminal “as part of the strategic development of the Port of Takoradi to service the emerging Petroleum Hub and accommodate oil and gas service providers, fabrication companies, exploration companies and their suppliers for supply base activities”.
The new US$ 250 million ATS Container Terminal facility, which is part of the multi-purpose terminal “will take care of both export and import containers and conventional cargoes. Operationalisation of this facility is expected to begin in February 2023 as the port prepares to accommodate increased demand in cargo trans-shipments and local deliveries”, he continued.
The terminal is the largest single investment made by a wholly-owned firm, Ibistek Ghana, since the operationalisation of the port in 1921.
The completion of works on phase one of the Atlantic Terminal Services Limited (ATSL) has increased the port’s berthing capacity from the 10-metre draught (draft/depth) to minus 16-metre dart, with the quay wall – a retaining structure at which ships can berth – extending to 600 metre-long.