Takoradi Dry Dock Project Attracts £101 Million UK-Backed Investment
UK-backed £101 million investment in the Takoradi Dry Dock Project is expected to create 430 jobs and position Ghana as a leading maritime services hub in West Africa.
- UK backs Takoradi Dry Dock with £101m investment.
- Project expected to create up to 430 jobs.
- Facility to boost Ghana’s maritime sector.
A major boost has been secured for Ghana’s maritime sector following the announcement of a £101 million investment in the Takoradi Dry Dock Project at the Ghana-UK Investment Summit held in London.
The investment, backed by the United Kingdom through the Private Infrastructure Development Group (PIDG), is expected to accelerate the development of a modern ship repair and dry-docking facility at Takoradi Port while creating up to 430 jobs.
Making the announcement on Monday, June 1, 2026, the British High Commissioner to Ghana, Christian Rogg, described the project as PIDG’s largest investment in Ghana to date.
“Today, I am pleased to announce that the UK-backed Private Infrastructure Development Group is making its largest investment in Ghana—a £101 million ship repair and dry-docking facility at Takoradi Port,” Mr. Rogg stated.
According to him, the project is projected to generate up to 430 jobs, with women expected to occupy approximately 30 percent of the positions. He added that the facility would significantly enhance Ghana’s maritime industry and strengthen the country’s position as a regional hub for ship repair and maintenance services.
Responding to the announcement, President John Dramani Mahama welcomed the investment, describing it as a catalyst for industrial growth in the Western Region.
He noted that Ghana’s industrial development has historically been concentrated in the eastern part of the country, particularly around Tema, and emphasized the need to expand industrial activity westward.
“Since our first president established the industrial city and port of Tema, much of our industrial investment has been focused in the east. It is now time to move westwards, and this shipbuilding industry will be a jewel in the West,” President Mahama said.
The President explained that the project aligns with the government’s broader agenda of promoting balanced economic development and creating new opportunities across different regions of the country.
Beyond the dry dock project, Mr. Rogg highlighted additional initiatives aimed at deepening economic cooperation between Ghana and the United Kingdom. These include the launch of a UK-Ghana Growth Partnership, designed to connect Ghanaian projects with international investors, and a Green Project Preparation Facility being developed in collaboration with the Ghana Infrastructure Investment Fund.
He indicated that the new facility could unlock infrastructure transactions worth up to £180 million over the next three years.
Mr. Rogg further stated that the United Kingdom remains committed to strengthening investment partnerships with Ghana in key sectors such as infrastructure, energy, agribusiness, education, and technology.
According to him, more than 670 UK foreign direct investment projects have been undertaken in Ghana over the past 20 years, generating over 44,000 jobs.
The Takoradi Dry Dock Project forms part of long-term efforts to establish a ship repair and maintenance hub along the Gulf of Guinea. Once completed, the facility is expected to boost economic activity at Takoradi Port, attract additional investment, and reinforce Ghana’s ambition of becoming a leading maritime services centre in West Africa.
