Mahama Commissions $1.5bn Tema Port Expansion, Hails New Era in Trade
President says the expanded port strengthens Ghana’s position as a regional trade and logistics hub
- Mahama commissions Phases 1 & 2 of the $1.5bn Tema Port Expansion Project.
- Project positions Ghana as a competitive trade and logistics hub in West Africa
- Expanded port expected to create jobs, attract investment, and improve efficiency
President John Dramani Mahama has officially inaugurated Phases 1 and 2 of the Tema Port Expansion Project, marking what he calls a transformative milestone in Ghana’s quest to become a leading trade and logistics hub in West Africa.
The $1.5 billion project—executed through a public-private partnership involving Meridian Port Services (MPS), the Ghana Ports and Harbours Authority (GPHA), APM Terminals, and Africa Global Logistics (AGL)—is regarded as one of the most significant port infrastructure ventures in sub-Saharan Africa.
Speaking at the commissioning ceremony on Thursday, November 13, President Mahama highlighted the project’s potential to generate employment, attract investment, and enhance Ghana’s position as the region’s preferred gateway for maritime trade.
“This project brings to life a vision we have long pursued—to establish Ghana firmly as the gateway to West Africa. Today, that vision becomes a reality, reflecting both national ambition and strong international confidence,” Mahama said.
He noted that the expanded facility boosts Ghana’s logistical capabilities, offering faster turnaround times, greater efficiency, and improved competitiveness on the global stage. According to him, the modernisation of the Tema Port will help exporters reach markets sooner while reducing the cost of imports for businesses and consumers.
“In a world driven by speed, innovation, and efficiency, the upgraded Tema Port gives Ghana a vital competitive edge. It is a strategic national asset—one that will draw investment, create jobs, and stimulate trade across multiple sectors,” he added.
