CHEC wins USD600 mil. Ghana port deal
China Harbor Engineering Company (CHEC) has won a USD600 mil. bid to build a new port in Atuabo, Ghana, Chinese media reported on 9 April.
Located 326 km west of the capital, the port will have an 18.5-m deep channel and three berths with depth of 16.5 m, 12 m, and 9m. The port will support offshore logistics, subsea fabrication, and rig and vessel repair, and feature a business technology park and general business support infrastructure zones.
The project is a joint venture, with 10\% shares held by the Ghanaian government, 35\% by stated-owned enterprises, and the rest by Atuabo Free Port (AFP). The project partners said there will no demand for the government to guarantee the financing of the project.
With CHEC as the main contractor, some local firms will work as sub-contractors for the project, which is expected to create at least 1,000 jobs, AFP external affairs officer Philomena Kuzoe told Xinhua News Agency.
Construction is scheduled to start in the third quarter of 2015, and be completed in 25 months.
The port is targeted to serve the West African sub-region’s offshore oil and gas industry and develop into a regional hub to support upstream oil and gas companies.
Ghana now produces over 100,000 barrels of oil per day from the Jubilee field since oil in commercial quantities was discovered there in 2007. SINOPEC Petroleum of China has just completed the country’s first gas processing infrastructure in Atuabo.
source:www.ihsmaritime360.com