The Takoradi Port Expansion Project, located in the Western region of Ghana is almost complete. The project, being developed by Ibistek Ghana Limited, will see the port basin dredged to a 16 meter depth and land reclamation for the building of five new berths, capable of receiving very large vessels.
This capital development program, with a cost of $475 million, marks a significant milestone – this is the first time that a wholly owned Ghanaian firm has been engaged in port development in the country.
Upon completion, the Atlantic Terminal – set to be the major development in the history of the Takoradi Port – will have a cargo holding space of one million twenty-footer equivalent units (TEUs), an upscale from the average container traffic of about 55,000 TEUs a year.
