26.4 C
Accra
Wednesday, September 27, 2023

Related stories

Drop in cocoa syndicated loan affecting banking confidence – Bright Simons

Bright Simons, the Vice President of the policy think-tank...

$3m worth of drones allocated by govt to combat galamsey not efficient

It has been claimed that the drones purchased by...

GOIL targets West African bitumen market for expansion

GOIL PLC is preparing to enter the West African...

Close to 1.8m Ghanaians secure jobs through coconut industry – Kwaku Boateng

Executive Director of the African Coconut Group, Kwaku Boateng,...

A dollar goes for GHS11.65 at forex, BoG interbank rates at GHS11.08

Today, September 27, 2023, the Bank of Ghana's Interbank...

DDEP: Govt obtains GHS3.9b in relaunched bid

The Ministry of Finance has announced the successful acquisition...

Middlemen caught charging GHS1,600 for passport in Central Region

Despite recent public outrage from the Minister of Foreign...

Date:

Western region petroleum enclave to generate $60 billion export value – Minister

At a cost of $6 billion, the government and the private sector are working together to construct a petroleum hub in the Jomoro district of the Western region.

The hub is projected to have a US$60 billion export value and provide 680,000 jobs for the populace.

- Advertisement -

The hub would be a significant growth pole for the country, according to Mr. Kwabena Okyere Darko-Mensah, the Western Regional Minister, who made this statement at the Minister’s briefing dubbed: “The State of the Region Report” on Wednesday in Accra.

According to the Minister, the Government’s goal to make the Region the center for oil and gas operations was consistent with the petroleum enclave.

- Advertisement -

Some of the key infrastructure expected in the hub include jetties, storage tanks, refineries, liquefied natural gas facilities, power and fertilizer plants.

Residential and commercial areas, security and emergency response area, waste management centre, water treatment plant and light to medium industrial area were the other facilities expected to be constructed in the hub.

- Advertisement -

Mr Darko-Mensah used the media encounter to update the public on major infrastructure projects and social interventions implemented by the Government since 2017, as well as ongoing ones.

The Minister, for instance, mentioned the tier-three PTC interchange in Takoradi, which was 58 percent completed and expected to be ready in July next year.

The Takoradi Central Market Re-development Project, which was 68 percent completed at an estimated cost of 48 million euros and would be ready in February 2024.

The government, he said, had constructed an automated oil jetty at the Takoradi Port, created a modern container terminal at the Port, began the construction of a Forward Operating Base at Ezinlibo to enable the military to protect the country’s petroleum installations and respond swiftly to any security emergency.

It had also completed fishing harbour and landing beaches in Axim and Dixcove respectively, with facilities such as fish markets, net mending places, cold rooms, warehouses, day care centres, administration blocks and power rooms.

The 25-million-dollar Ghana National Petroleum Corporation (GNPC) operational headquarters was also progressing steadily.

Mr Darko-Mensah noted that all those infrastructure projects were in tandem with the vision of becoming a model region where all persons could effectively participate in the productive assets of the Region for wealth creation.

On Free Senior High School Policy, Mr Darko-Mensah observed that the policy had increased school enrolment by 483 percent from 13,310 in 2017 to 63,631 beneficiaries.

Meanwhile, a total of 104 educational facilities, comprising classroom blocks, dormitories, dining halls and ICT centres had been completed in the Region since 2017 to date.

Under the government’s “One-District, One-Factory” flagship programme, a total of 48 companies were approved to receive support out of which seven were operational thus creating direct and indirect jobs for the people.

The Regional Minister stated that the sea defense projects at Amanful-Kuma, Adjoa, Funkoe and Aboadze had been completed, thereby protecting the coastline communities from the devastation of the high tidal waves.

Of the 68 road contracts awarded for bitumen surfacing constituting 1,104 kilometres only 152 kilometres were constructed.

He mentioned other critical trunk roads in the Region that were being constructed including the 63km Agona-Nkwanta-Tarkwa road, which was 18 per cent completed. The 60km Tarkwa-Damang road had been completed while the dualisation of the Paa Grant road through to SECO was ongoing.

The Minister announced that of the 1,959 km of the roads being worked on in the Region only 250km had been done and, thus, expressed grave concerns about the lackadaisical attitudes of some of the contractors.

In view of that, Mr Darko-Mensah said he had recommended the termination of some of the road contracts and reward them to new contractors.

Latest stories