MPS Tema Port Expansion We connect, you thrive
After 2 years of construction work, the new MPS container terminal will start operations in July. The project, which involved the building of a breakwater and access channel to accommodate larger vessels, represents a major step in Ghanaian history.
It is opening new thriving opportunities not only for the maritime and trade sector, but also for many generations to come.
MPS Tema Port Expansion is a leverage to implement Ghanaian President vision, “Ghana beyond aid”.the $1.5 billion port development is to date the largest public-private partnership in Ghana’s history. Investments made to improve maritime connectivity will reduce trade costs and allow to increase trade value and generating added value. In addition to serving Ghana, the new port will also expand trade flows and links across West Africa.these will position Ghana as a spot for industrialisation and trade in Africa.
Contributing to local development
By boosting the competitiveness of Ghana’s exports, the new Tema Port will increase Ghana’s agricultural and agro based industries’ exported volumes and create more jobs. Of the estimated 500,000 jobs potentially being created by the new Tema Port, around 77% are for Ghana’s agricultural sector.
More than facilitating trade, MPS acts locally and has created a considerable number of jobs while its additional revenues contribute to social security, national health, educational and other socio-economic equipment. So far, the construction phase of the project has already generated employment for about 5,000 Ghanaian workers.