In a bid to enhance cooperation and boost revenue through increased port operations, Sao Tome has expressed interest in utilizing Takoradi Port as a transshipment corridor for cargoes from other countries. This potential collaboration signifies a strategic move that could benefit both nations and deepen economic ties.
Adelino Cardoso, the Minister of Infrastructure Natural Resources and Environment for Sao Tome, disclosed the interest during a visit to Takoradi Port alongside Ghana’s Minister of Transport, Kwaku Ofori Asiamah, and other officials. The proposal aims to leverage Takoradi Port’s capabilities for transshipment, potentially elevating its tonnage and contributing to increased revenue.
During the visit, the delegation, led by Mr. Cardoso, toured key areas of Takoradi Port, including the Dry Bulk Terminal, ATS Multi-Purpose and Container Terminal, and Takoradi Container Terminal (TACOTEL). This assessment allowed the Sao Tome minister to familiarize himself with the port’s facilities and operations.
Technical Positioning of Takoradi Port
Mr. Cardoso highlighted the technical positioning of Takoradi Port for free zone operations, commending the port’s management for the ongoing expansion works. The Minister had previously visited Port Tema to compare facilities before determining that Takoradi Port was better suited for their proposed transit of goods.
Minister of Transport’s Perspective
Minister Kwaku Ofori Asiamah emphasized the transformation of Takoradi Port into a modern hub with state-of-the-art facilities. The port, constructed in 1928, has undergone significant development, including a new Liquid Bulk facility, an automated bulk jetty, and a Multi-Purpose Container Terminal with a draft of 16 meters.
Future Developments at Takoradi Port
The Minister also highlighted upcoming projects, such as an oil and gas terminal set to be commissioned by August next year. This facility aims to cater to vessels within Ghana’s waters, reducing the need for servicing in other countries.
Minister Asiamah outlined the potential benefits of Sao Tome utilizing Takoradi Port as a transshipment corridor. He emphasized the increased tonnage and operational efficiency for Takoradi Port and the cost reduction in shipping for Sao Tome due to the proximity and deeper draft at Takoradi.
TACOTEL – A One-Stop Shop
The visit included a stop at the Takoradi Container Terminal (TACOTEL), a subsidiary of IBISTEK. The Terminal Manager, Richmond Appiah, highlighted TACOTEL’s role as a comprehensive facility, receiving, storing, and delivering consignments. The terminal serves as a one-stop shop for various stakeholders, streamlining operations for standards, customs, and regulatory authorities.
As discussions progress, the collaboration between Sao Tome and Takoradi Port holds the potential for mutual economic growth and strengthening bilateral ties.
A seasoned financial guru with a passion for empowering individuals to achieve financial freedom through his insightful expertise and practical guidance.