• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Business News 202007

MPS Completes First Phase Of Tema Port Expansion

02-Jul-2020
/ Business News, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

The Meridian Port Services (MPS) has laid the last pavement block to signify the completion of the first phase of the Tema Port Expansion Project.
The new MPS Terminal 3 will connect Ghana to Africa’s consumer markets through direct services, shorter transit times and competitive sea freight rates.


It is expected to attract further investments in facilities and factories around the Tema Port and also improve port productivity and capacity.

In his remarks at the ceremony, the Chief Executive Officer (CEO) of the MPS, Mr Mohammed Samara, thanked all who contributed to the successful completion of the works.

The expansion

He said the first phase had increased the container handling capacity of the port from one million to 2.5 million twenty-foot equivalent units (TEUs).

In addition, he said, the last 10 months of operations had presented the opportunity to stress-test and stabilise the fully integrated systems and processes at the terminal.

He said the seamless synchronisation of the system and processes, coupled with the modern infrastructure, could only guarantee the success of the terminal in delivering the highest service levels to the maritime industry.

“The MPS will continue to improve the socio-economic fortunes of our community and nation at large, create a safe and secure environment for the port community as we engage in investment for the port community that will grow our external connectivity to newer markets in the global transport sphere,” he said.

Economic recovery

The Minister of Trade and Industries, Mr Alan Kyerematen, described the facility as vital towards Ghana’s post-COVID-19 economic recovery.

He expressed optimism that the country would benefit from the global shifting necessitated by the pandemic, indicating that it held significant positive implications for the nation.

“Port infrastructure or port facilities are not an end in themselves; they are meant to be a means of facilitating trade — I believe that because of what we are seeing here today and given the level of efficiency in the operations of the MPS so far within this very short period,” he said.

Maintenance

The Deputy Minister of Transport, Mr Daniel Titus-Glover, urged the operators of the facility not to lose focus, saying constant maintenance and upgrading of the systems would guarantee the future of the facility.

“I am pleased to learn that a host of Ghanaian workers were employed to complete these works; each gained some knowledge and many have since gone on to work on other construction projects across the country,” he said.

The Director-General of the Ghana Ports and Harbours Authority (GPHA), Mr Michael Luguje, said the authority would make major investments to realise the full potential of the Terminal 3, adding that it would also continue to keep the port active, in spite of the worldwide economic difficulties.

“Following the construction of the harbour basin capable of accommodating more berths, we will begin to look at further developments to bring to full manifestation our vision for the Tema Port,” he said.

“We will also look forward to improvements in our roads and rail sector to complement this infrastructure to facilitate the transport of raw materials to and from the hinterlands,” he added.

 

Source: Daily Graphic

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Navigating Moments Of Financial Uncertainty - Axis Pensions CEO Provides Solutions

Next Post

Receiver To Pay Salaries, Exit Packages Of Staff Of Defunct Microfinance Companies

 
 

More Stories

More Thai Companies Come On Board For Rice Project As They Sign MoU With Jospong Group
Agric Minister Woos Rice Investors In Thailand To Ghana
KFC In Good Standing With ECG - Management Assures Customers
CEO Of Quick Angels Richard Quaye Gifts 10 Entrepreneurs With Free Seed Capital On His Birthday
Vodafone Cash And Mobile Money Limited Partner To Enable Merchant Interoperability
MobileMoney Limited And Vodafone Ghana Partner To Enable Merchant Interoperability
Huawei’s FinTech 2.0 To Support Ghana’s Mobile Money, Deepen Financial Inclusion
Vodafone Cash Leads The Charge For Digital Financial Inclusion In Ghana
Ghana's Debt Forgiveness Request From China Unlikely To Succeed - Isaac Adongo
Next Post

Receiver To Pay Salaries, Exit Packages Of Staff Of Defunct Microfinance Companies

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • More Thai Companies Come On Board For Rice Project As They Sign MoU With Jospong Group

  • Agric Minister Woos Rice Investors In Thailand To Ghana

  • KFC In Good Standing With ECG - Management Assures Customers

  • CEO Of Quick Angels Richard Quaye Gifts 10 Entrepreneurs With Free Seed Capital On His Birthday

  • Vodafone Cash And Mobile Money Limited Partner To Enable Merchant Interoperability

  • MobileMoney Limited And Vodafone Ghana Partner To Enable Merchant Interoperability

  • Huawei’s FinTech 2.0 To Support Ghana’s Mobile Money, Deepen Financial Inclusion

  • Vodafone Cash Leads The Charge For Digital Financial Inclusion In Ghana

  • Ghana's Debt Forgiveness Request From China Unlikely To Succeed - Isaac Adongo

  • UMB Celebrates BOST Revival At Customer Recognition Event

 

 
 

Popular Videos

Kokrokoo Live On Peace 104.3 FM (20/03/2023)

Peace Power Sports (20/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (21/03/2023)

Kokrokoo Live On Peace 104.3 FM (22/03/2023)

Akan News @ Midday On Peace 104.3 FM (21/03/2023)

Peace Power Sports (21/03/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media