Home / General News / Ibistek and JanDe Nul sign EPC contract for on-dock terminal project

Ibistek and JanDe Nul sign EPC contract for on-dock terminal project

The Port of Takoradi would soon play host to the largest on-dock container terminal with the official signing of the Engineering, Procurement and Construction (EPC) Contract between , Ibistek and contractors Jan de Nul (JDN) for the commencement of the project.

The EPC agreement was signed by Mr Kwame Gyan, Chairman for Ibistek while Mr Philip Morobe signed for Jan De Nul for a project that is expected to operate by June 2019.

Captain Ebenezer Afedzi, the Director of the Takoradi Port affirmed that the GPHA was committed to ensure that the project was completed on schedule to open the port up for  many more businesses.

“We are bent on making the Takoradi Port the safest and most preferred port within the Western and Central Africa”.

It is hoped that the first deep drafted container vessel would arrive in June 2019 as planned.

Mr Kweku Ofori Asiamah, the Minister for Transport referred to the support from all stakeholders particularly the President of the Republic of Ghana for his unwavering commitment to see that investments of indigenes saw the light of day and benefitted the Ghanaian economy.

He pointed out that the President was keen on industrialisation and the use of local experts notwithstanding foreign partnership to advance development adding, “We have put in place the legal framework for businesses to thrive”.

The Transport Minister said their coming on board was a move to also revive businesses and city life through such infrastructural development.

He urged the contractors to include local contractors in the execution of the project since it was the first terminal to be built by Africans for Africa.

Mr Frank Adu, the Chief Executive Officer of Cal Bank, financiers of the Project said the bank was proud to be associated with great local entrepreneurs such as Ibistek.

Already, a 25 acre land on the Sekondi road had been developed to the tune of $78 million for offshore container activities.

Mr Adu said, “We have depended a lot on foreign aid and at 60 years we should be doing a lot for ourselves to realise the goal of Ghana beyond Aid.”

Source: GNA

Check Also

Barber remanded for possessing pistol, mask and live cartridges

A barber arrested for allegedly possessing a locally manufactured pistol, a face mask and five …