The West African state of Ghana is planning to spend $700 million to upgrade infrastructure at Takoradi port next year, according to a senior port official.
Nester Galley, Acting Director-General of the Ghana Ports and Harbours Authority (GPHA) said the project would develop an oil services facility to support offshore oil production.
There were plans to build office accommodation, storage tanks for bunkering, storage facilities for oil production materials and cargo handling equipment.
The West African coast is one of the world's largest offshore bunker markets.
The market services primarily fishing vessels, tankers, bulkers and container ships. Bunker demand also comes from the offshore oil industry, servicing rigs, floating production storage and offloading units.
Takoradi is also planning a wharf about 500 metres equipped with water hydrants for the supply of fresh water to ships.
As part of a general infrastructure upgrade, the port would be provided with paved roads and railroad facilities, according to Galley.
He added that the aim of the renovations was to make Takoradi port the main port on the west coast of Africa.
The project, currently in the design stage, would be tendered before the end of this year. A total completion of the project is scheduled in 2028.
Galley said GPHA would strive to achieve its vision of becoming the Most Preferred Port in the West African Sub-Region.
Nester Galley, Acting Director-General of the Ghana Ports and Harbours Authority (GPHA) said the project would develop an oil services facility to support offshore oil production.
There were plans to build office accommodation, storage tanks for bunkering, storage facilities for oil production materials and cargo handling equipment.
The West African coast is one of the world's largest offshore bunker markets.
The market services primarily fishing vessels, tankers, bulkers and container ships. Bunker demand also comes from the offshore oil industry, servicing rigs, floating production storage and offloading units.
Takoradi is also planning a wharf about 500 metres equipped with water hydrants for the supply of fresh water to ships.
As part of a general infrastructure upgrade, the port would be provided with paved roads and railroad facilities, according to Galley.
He added that the aim of the renovations was to make Takoradi port the main port on the west coast of Africa.
The project, currently in the design stage, would be tendered before the end of this year. A total completion of the project is scheduled in 2028.
Galley said GPHA would strive to achieve its vision of becoming the Most Preferred Port in the West African Sub-Region.