Wednesday, March 26, 2014

Ghana's oil industry drives port growth

Upgrades at Tema mean that a rig services industry can develop, while the port at Takoradi will grow to compete for regional trade. The Ghana Ports and Har­bours Authority (GPHA) has plans to turn Tema into one of West Africa's highest ­capa­city ports and to set up an oil ser­vices yard, but shippers maintain that high fees are holding back the port's development.

A $2.5 billion expansion at Tema and Takoradi is underway. Due to reach completion in 2018, Tema harbour should be

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