Over six private investors express interest in Keta Port partnership

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Over six potential investors have expressed interest in a private partnership with the government to construct and operationalise the Keta Port in the Volta Region.

The Director-General of the Ghana Ports and Harbours Authority (GPHA) Michael Luguje revealed this in a media briefing.

He noted that, the government is yet to receive formal proposals from investors.

However, as part of the port development, Mr Luguje has said the Environment Protection Agency(EPA) will present an environmental and social impact assessment report to them.

“While we are waiting for the environmental and social impact assessment, we started already engaging potential investors. So far over six different companies, local and international, have expressed interest in partnering government to build that port.

“But they also need the environmental and social impact assessment report to help them inform and refine the proposals they will be submitting to us,” he said.

Mr Luguje continued,“We hope that in the next month or two, if we get the report released by the EPA, then we will submit it to these investors and then they will go through and then work towards giving us much more concrete proposals on what kind of partnership they want to have with us to build and operate the Port of Keta.”

President Akufo-Addo in October 2018 signed an Executive Instrument (EI) officially designating the location of the Keta Port to be managed by the GPHA.

Despite this, Keta residents have over the years expressed frustration over delay in moving forward with the project.

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