1. LINE

      Text:AAAPrint
      Economy

      Chinese firm wins $600 mln port construction contract in Ghana

      1
      2015-04-09 09:06Xinhua Editor: Mo Hong'e

      China Harbor Engineering Company (CHEC) has won the bid to construct a new Free Port in Atuabo, 326 km west of the capital.

      At the end of the bidding process to select main contractor for Atuabo Free Port (AFP), officials of CHEC and Atuabo Free Ports signed an agreement late March to make the Chinese firm the main engineers for the free port project.

      External Affairs Officer of AFP, Philomena Kuzoe told Xinhua over the telephone that CHEC will construct the 600 million U.S. dollar port which AFP is to develop and operate in Atuabo, where Ghana's first gas processing infrastructure has just been completed by SINOPEC Petroleum of China.

      Seth Terkper, and Murtala Mohammed, Deputy Minister for Trade were present during the signing of the agreement for the deep water hydrocarbon logistics centre.

      The Chinese Ambassador to Ghana Sun Baohong and other officials from China and the Ghana Investment Promotion Centre witnessed the signing ceremony.

      The port with an 18.5m deep channel and three quays of varying depths from 16.5m; 12m and 9m, clear activity zones will provide an Offshore Logistics, Subsea Fabrication, Rig and Vessel Repair, Business Technology Park and General Business Support Infrastructure.

      The private sector led facility initiated by LONRHO aims at serving the West African sub-region's offshore oil and gas industry and a regional hub supporting the activities of not only the upstream oil and gas companies but also the service companies that support them.

      The project is a joint Venture including a 10 percent free carry shareholding for the government of Ghana and a 35 percent shares to be owned by state owned enterprises (SOEs) while AFP owns the other shares.

      There will be no demand for government to guarantee the financing of the project, the project partners said.

      According to Kuzoe, although CHEC will be the main contractors, there would be some Ghanaian firms working as sub-contractors in the project which is expected to generate at least 1,000 jobs.

      "Construction is expected to commence in the third quarter of this year and be completed in 25 months," she disclosed.

      After the discovery of oil in commercial quantities in Ghana for the first time in 2007, the country which now produces over 100,000 barrels of oil per day (100,000 bopd) from the Jubilee field is also in the process of commencing oil production from other fields that have been appraised or are being appraised.

      The government seeks s to turn the nascent oil sector into a booming industry that will catalyze economic growth and job creation.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 亚洲国产aⅴ成人精品无吗| 我想看一级毛片免费的| 国产yw855.c免费视频| 国产好大好硬好爽免费不卡| 国产亚洲福利精品一区二区| 亚洲一级毛片视频| 女人18特级一级毛片免费视频| 亚洲AV成人片无码网站| 亚洲高清中文字幕综合网| 国产精品视频免费一区二区| 男人都懂www深夜免费网站| 曰韩无码AV片免费播放不卡 | 亚洲AV网一区二区三区| 亚洲国产成人九九综合| 国产精品无码一区二区三区免费 | 亚洲av永久无码精品古装片| 亚洲Av无码乱码在线播放| 成人午夜性A级毛片免费| 4虎永免费最新永久免费地址| 亚洲日产乱码一二三区别| 免费va人成视频网站全| 久久不见久久见中文字幕免费| 四虎精品视频在线永久免费观看| 午夜在线亚洲男人午在线| 亚洲人成电影网站色www| 亚洲一区二区三区无码国产| 99久久亚洲精品无码毛片| 国产成人免费a在线视频色戒| 一个人免费观看视频www| 精品多毛少妇人妻AV免费久久| 亚洲色图黄色小说| 亚洲AV成人无码久久精品老人| 亚洲精品中文字幕无码蜜桃| 国产香蕉九九久久精品免费| 2021免费日韩视频网| 成人免费毛片内射美女-百度| 4hu四虎最新免费地址| 成熟女人特级毛片www免费| 成人黄软件网18免费下载成人黄18免费视频 | 污网站免费在线观看| 亚洲乱码卡三乱码新区|