An outline agreement has been reached to build a new port at Keta to import raw materials for cement production in Ghana. Diamond Cement Ghana Ltd struck the deal with the Ghana Ports and Harbours Authority (GPHA) regarding the construction of the new port.
At present, Ghana is almost entirely reliant on two ports, Tema and Takoradi. Both are being rapidly expanded, including through the construction of a new container terminal at Tema that will give the port the highest container handling capacity in West Africa. However, the development of so much land at both ports may restrict the scope for the construction of other new facilities.
Details of the scheme, including its scale and the financial terms, are to be negotiated over the next few months, with a final agreement signed later this year. Construction work is due to start next year. The GPHA will develop and operate the port. It is hoped that Diamond Cement will act as an anchor tenant, helping to attract other potential developers and users.
Keta lies on a big lagoon in the Volta Region, in the Far East of the country, and not far from the border with Togo. Paul Ansah, director general of the GPHA, said: “Now that we have people who will use the port, there is nothing preventing us from going ahead with the construction.”
Ansah added that the project would help to reduce congestion at Tema and Takoradi. He said that the project could mean that Ghana will no longer have to import clinker and other construction materials via the Togolese port of Lomé