Mahama to Cut Sod for $98.41m Takoradi Port Berth 19 Project

President John Dramani Mahama is expected to cut the sod for the construction of a new $98.41 million Berth 19 facility at the Takoradi Port, in a project aimed at expanding the port’s capacity and strengthening Ghana’s trade sector.

The 300-metre-long facility will have the capacity to accommodate vessels of up to 75,000 deadweight tonnes (DWT) and will be financed directly from the Ghana Ports and Harbours Authority’s (GPHA) internally generated resources.

The Minister for Government Communications, Felix Kwakye Ofosu, announced the project in a statement highlighting President Mahama’s infrastructure investment record and the government’s proposed New Economy Programme, expected to be introduced in the 2027 Budget Statement and Economic Policy on Thursday.

Mr Kwakye Ofosu said the Berth 19 project would improve operations at the Takoradi Port, increase revenue generation and support the expansion of Ghana’s trade sector.

He cited the expansion of the Tema Port through the Meridian Port Services (MPS) arrangement as an example of the economic benefits of investing in critical infrastructure.

According to the Minister, since the MPS Terminal began operations, the GPHA has earned $421 million, equivalent to approximately GH¢5 billion.

He said the revenue had enabled the authority to finance major operational investments from its own resources.

Mr Kwakye Ofosu argued that President Mahama had the experience and capacity to lead a transformation of Ghana’s economic structure through the New Economy Programme.

He said the initiative, expected to be outlined in the 2027 Budget Statement and Economic Policy, would build on investments in critical infrastructure to support economic growth and development.

The Minister described the Takoradi Port project as another example of the administration’s focus on infrastructure development to improve trade and strengthen the country's economic prospects.