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President Akufo Addo has announced that there will be a five million ton limit on the quantity of manganese to be exported in its raw form which will form part of strategies to promote sustainable mining.
He also announced a policy to place a limit on the annual export volume on raw bauxite as part of the aluminium integrated development project.
President Nana Addo gave the announcement at a program to inspect, commission and also cut the sod for the construction of four separate projects at the Port of Takoradi in the Western Region.
President Nana Addo first cut the sod for the construction of a new oil and gas terminal and a floating drydock and ship maintenance facility being constructed by Prime Meridian Docks Ghana Limited.
With a 13, 500 ton light capacity and capable of serving ships of 200meters, it will be the biggest floating drydock in West Africa.
The President also inspected progress of work at the Atlantic Terminal Services, a new container terminal with a depth of minus sixteen which is a partnership between GPHA, Ibistek Limited and AFC – Equity of the Africa Finance Corporation.
The Minister of Transport ,Kweku Asiama was elated that the projects are all being undertaken by wholly Ghanaian owned companies stressing that it demonstrates that Ghanaian businesses are ready to compete at the highest level.
The President later commissioned the new dry bulk terminal developed to handle manganese, clinker, bauxite, limestone among other minerals.
The terminal has been designed to handle 30 million tons of cargo per annum.
These projects will enhance cargo handling capacity, maintenance and repair of ships, meet the rigorous needs of the oil and gas sector while making the Port of Takoradi the preferred in the sub region.
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