Takoradi to become ship repair hub • Pres Mahama cuts sod for $137m floating dry dock

President Mahama (right) and Mr Johnson Asiedu Nketia cutting the sod for the construction of the Takoradi Port floating dry dock facility

PRESIDENT John Dramani Mahama has cut sod for the construction of a US$137 million floating dry dock facility at the Takoradi Port to position Ghana as a major ship repair and maintenance hub in West Africa.

Being undertaken under a 25-year concession, the project is expected to be completed within 18 months to provide ship repair and maintenance services to vessels operating along the Gulf of Guinea and the wider West African coast.

Speaking at the sod-cutting ceremony in Takoradi on Tuesday, President Mahama said the facility would address the phenomenon where vessels have to travel to Europe or Durban in South Africa for major repairs and maintenance.

According to President Mahama, the new facility would provide an alternative for ships, oil rigs and other maritime vessels operating along the coast of West Africa and beyond.

“I know that on the whole of the West Coast, actually the Gulf Coast, there is no major ship repair facility,” he said. Read More.

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