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The design of the exchange
Vice President Dr. Mahamudu Bawumia has inaugurated a new terminal at the Port of Takoradi to provide essential connections in the oil and gas supply chain sector.
The facility was built by Ibistek Ghana Limited through Marshalls Oil Service, a special purpose vehicle capable of unloading 80,000 tons of liquid cargo (oil) per stream per day at the port.
The Ghana Infrastructure Investment Fund (GIIF) and the Ghana Consolidated Bank (CBG) financed the project at a cost of $ 56 million.
Dr. Bawumia also cut the grass for the construction of the first three-level highway intersection in Takoradi at the PTC / Kwame Nkrumah roundabout.
Pier
The Liquid Bulk Terminal has a draft of 14 meters and can handle bulk fuel transport vessels weighing 60,000 tons.
It has five separate loading arms that will allow the discharge of finished petroleum products, including diesel, gasoline, liquefied petroleum gas (LPG), heavy fuel oil (HFO), premium motor spirit (PMS), and bitumen from ships.
The terminal also has a modern control room that will serve as a command center to automatically manage product unloading operations at the dock.
In addition, there is a 10 meter high fire monitor to fight fire on both loading arms and unloading vessels.
Income, employment
At the inauguration of the terminal in the port of Takoradi yesterday, the vice president said that in addition to providing a platform for revenue mobilization, the country’s ports also offer employment to many Ghanaians.
He said the government placed emphasis on promoting a business-friendly environment, as exemplified by the services ports provide to neighboring landlocked countries such as Burkina Faso, Mali and Niger.
“The government has spared no effort in recent years to increase the development and expansion of physical infrastructure in ports and has deployed modern operational equipment and sharpened the human resource capacity of the workforce to efficiently manage our facilities. maritime, “said Dr. Bawumia.
He said the ongoing multipurpose container terminal being built by Ibistek, as well as other initiatives such as the Oil Services Hub project, for which contractual works were in the procurement stage, were aimed at ensuring that port infrastructure was resilient and capable of promote trade effectively. and efficiently.
Associations
Dr. Bawumia also cut the grass for phase two of the project, highlighting that the project, as well as others initiated by Ibistek, were a demonstration of the partnership that existed between the government and the private sector.
The second phase comprises the construction of a Dry Bulk Terminal to facilitate the export and import of bulk cargo such as bauxite, manganese and clinker.
The Minister of Transport, Mr. Kwaku Ofori Asiamah, said: “The government’s plan is to position the Port of Takoradi as a major oil and gas hub in the West African sub-region and we are determined to do so to accelerate growth in the sector. . “
For his part, the Minister of the Western Region, Mr. Kwabena Okyere Darko, said that the money is being invested to develop the region with the aim that the local population owns the local economy and creates jobs that are sustainable for the young boys.
Ghana Ports and Ports Authority (GPHA) Chairman of the Board of Directors Peter Mac Manu said that the improvement and expansion of infrastructure in the ports of Takoradi and Tema started in 2011 as part of the national development agenda. and poverty alleviation.
Ibistek President Mr. Kwame Gyan said that when the terminal was completed and operational, it would adequately serve the western and northern western regions, which consumed more than 627,864 tonnes (15.46%) of petroleum products.
“Ibistek has invested some $ 322.7 million in the port of Takoradi alone for some years to improve its business capacity,” he said.
PTC / Kwame Nkrumah roundabout
Contractors working at the PTC / Kwame Nkrumah roundabout have 30 months to convert the site into a three-level interchange with direct access to the Takoradi Central Market (Market Circle).
Currently there is traffic congestion in the roundabout that distributes traffic in the city, especially at peak times and, therefore, the need for some expansion.
Urbanization
The vice president said the rapid growth of the Sekondi-Takoradi metropolis had made the need for an exchange very vital.
He said other interchanges would be built at Sekondi-Takoradi, including one at the Paa-Grant roundabout, but said the project could not be run concurrently like the one at the PTC roundabout due to the associated inconvenience it would cause to the automotive public. .
The Minister of Roads and Highways, Mr. Kwasi Amoako-Attah, said that the bridges and other road infrastructure projects that are currently underway in the region will be completed as scheduled.
A division chief in Takoradi, Osahene Katakyie Busumakora III, praised the government for the events taking place in the region and called for support for the government to do more for the region.
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