In a bid to keep up with some of the world’s fastest growing economies, the Director-General of the Ghana Ports and Harbours Authority Mr Richard Anamoo has said that West African ports need to invest significantly in its port and inland logistics.
According to Hellenic Shipping News, the need for more infrastructure is required to handle the increasing rate of growth in many African ports and to facilitate the ever-increasing size of mega-ships.
In particular, Mr Anamoo emphasised the need for West African regional ports to collaborate to boost trade.
Mr Anamoo called not only for local banks to provide a syndicate loan to finance the projects but said a public-private partnership would be necessary to help develop port capacity in Africa.
The Deputy Minister of Transport, Mrs Joyce Bawa Mogtari, said the ministry’s doors were open to receive ideas and solutions from industry players and companies who could help with new technologies to improve productivity.
She expressed the hope that participants would have the opportunity to learn about investment opportunities in Ghana and take advantage of those opportunities.
(Source: Fad Co Za)