Phase 1: cost is USD206.0M – ongoing and is expected to be completed and operationalized in November 2021. The Chairman for the IbisTek Group, Kwame Gyan said the IbisTek current investments at Takoradi Port expansion totals USD332.7M and the completed Bulk Oil Terminal is the most modern and state-of-the-art in the whole of West Africa. “The contractors were struggling to bring in their divers. “What we have been able to accomplish in Takoradi over the last 3 years is ample testimony of the collective resolve and support of the President and the government. The concession term is 25 years, according to GPHA. The dredging works begun this month with the arrival of the cutter suction dredger known as CSD Zhen He, and it is expected to be completed by April this year. Founded in 2005 by Ghanaians Eric Owiredu Akrofi and Nana Yaw Boahene, IbisTek was selected in 2017 following a tendering process by the Ghana Ports & Harbours Authority. On the sidelines of the inauguration of the new liquid bulk terminal, the Vice President also cut the sod for the construction of the second phase of the dry bulk terminal under construction at the same maritime facility. The Vice President said the Terminal positions the Takoradi Habour as a strategic and competitive port in the Maritime Industry. The concession related project works and … © 2020 All Rights Reserved Citi Newsroom. Construction of five steel fabricated warehouses in five different locations across the country for Ghana Grid Company. But we were very convinced as it fitted into the overall plans government had for Ghana’s maritime objectives and our industrialization desires.”, “Today we are happy and appreciative to IbisTek for the magnificent work done which we are commissioning. With the signing of the agreement, Ibistek is set to begin negotiations with world acclaimed maritime infrastructure development group, Jan de Nul towards the signing of the Engineering, Procurement and Construction (EPC). Through its subsidiary Tacotel, IbisTek has already built a container depot about 6 km from the port of Takoradi. The multipurpose container terminal would also serve as a main transhipment point for cargo moving from Ghana to neighbouring landlocked countries. This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Necessary cookies are absolutely essential for the website to function properly. The dry bulk terminal project is being carried out by Amandi Investments Limited, at a cost of US$ 70M. Also Read: Ghana to begin construction of Keta seaport next year. The targeted capacity is 18.5 million metric tons of cargo per year from the current 6.5 million metric tons. Save my name, email, and website in this browser for the next time I comment. Please enter your username or email address to reset your password. There are few things more traditional and widespread than agriculture in Africa. Ibistek was contracted by the Ministry of Energy to transport 123 20-footer containers of overhead transmission accessories from the Tema Harbour to various parts of Ghana. The Vice President, Dr. Mahammedu Bawumia has commissioned a $56.7 million state of the art new Bulk Oil Terminal at the Takoradi Habour. TACOTEL LIMITED is the operator of an ultra-modern Inland Container Depot (ICD) created out of a concessionary agreement between the Ghana Ports and Harbours Authority (GPHA) and Ibistek Limited. Because it was time for them to start placing the quay wall blocks under the sea. In addition to its turnkey engineering solutions business, Ibistek Limited through a concessionary agreement with GPHA has developed an Inland Container Depot which is operated by Tacotel Limited, a subsidiary of Ibistek Ltd. The construction of the facility was initiated by Ibistek Ghana Limited in March 2018, at the cost of US$ 56M with funding from the Ghana Infrastructure Investment Fund and the Consolidated Bank Ghana. Integer consequat suscipit velit. Basically, the terminal is an 810-meter long wharf facility for three large ore carriers that will be served by loaders or unloaders and conveyor systems. CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo. It is the only man free terminal in Ghana and furnished with cutting edge technology and equipments which meets regional and international standards. Through its subsidiary Tacotel, IbisTek has already built a container depot about 6 km from the port of Takoradi. The Chairman for the IbisTek Group, Kwame Gyan said the IbisTek current investments at Takoradi Port expansion totals USD332.7M and the completed Bulk Oil Terminal is the most modern and state-of-the-art in the whole of West Africa. “The Liquid Bulk Terminal consists of a 14m-water depth berth, the deepest in-harbour berth in Ghana, at the moment (Yes, deeper than that of Tema oil berth), loading arms for 5 petroleum products (petrol, diesel, LPG-gas, bitumen, and other heavy fuels), full berthing structures including fenders on dolphins, bollards and hooking points.