Feature Article of Friday, 9 September 2016Columnist: General TelegraphEditorial: The US$1.5 billion Tema Port projectFile photo of Tema PortThe volume of cargo handled by the Port of Tema has increased tenfold in the last 54 years, shooting up dramatically from about 100, 000 tonnes in 1962 when the port was built, to more than one million tonnes today. While the growth in cargo volume has been phenomenal, there has been no corresponding expansion of the port to be able to accommodate the increased volumes of cargo. The government’s announcement that work on the Tema Port Expansion Project which will be executed by China Harbour Engineering Company Limited (CHEC) will begin on 1 October, 2016, is therefore good news. These improvements will doubtlessly make the Tema Port more competitive in the sub-region’s shipping industry and link Ghana more effectively to the global logistic market. Thus, while the project will cost a whopping $1.5 billion and take three years to complete, the gains will be worth the time and investment.

Source: GhanaWeb September 09, 2016 04:18 UTC