CAPE TOWN: APM Terminals in partnership with Bolloré Africa Logistics and the Ghana Ports and Harbour Authority – will invest USD 1.5 billion in a massive upgrade of Tema, Ghana’s most important port. The new project consists of both a new greenfield port outside the present facility and a needed upgrade of the adjacent road network.
The Tema project – set into motion Friday with a formal signing ceremony held by His Excellency John Dramani Mahama, the President of the Republic of Ghana, and attended by APM Terminals CEO Kim Fejfer – will result in four deep-water berths, a new breakwater and an access channel able to accommodate the world’s largest container ships, providing a world-class port infrastructure to support the country’s economic growth. This will add 3.5 million TEUs in annual throughput capacity. More than 5000 jobs will be created as a result of this project.
“We are excited about how this port will contribute to Ghana’s future economy and emphasize APM Terminals’ strong commitment to Africa’s growth and development. Increased access to global markets is a key component of Africa’s ongoing economic growth, and the new, world-class port development which begins here today will help to put Ghana, and all of West Africa at the forefront of African global trade,” stated APM Terminals CEO Kim Fejfer, also highlighting Meridian Port Services (MPS) as an outstanding example of a successful public-private venture between two European partners and the government of Ghana.
