President John Dramani Mahama has commissioned Phases 1 and 2 of the Tema Port Expansion Project, describing it as a major milestone in Ghana’s drive to become a competitive trade and logistics hub for West Africa.

The $1.5 billion project, implemented through a public-private partnership involving Meridian Port Services (MPS), the Ghana Ports and Harbours Authority (GPHA), APM Terminals, and Africa Global Logistics (AGL), is considered one of the largest and most ambitious port infrastructure developments in sub-Saharan Africa.

Speaking at the ceremony on Thursday, November 13, President Mahama said the expansion will stimulate job creation and attract investment across multiple sectors of the economy, positioning Ghana as the preferred gateway for international trade and maritime operations in the region.

“This project is the realisation of a dream we have nurtured for years to establish Ghana as the gateway to West Africa. Today, that dream becomes a tangible reality, symbolising a national aspiration and international confidence.”

He added that the upgraded port strengthens Ghana’s reputation as a reliable and efficient hub for international commerce.

“With improved logistics capacity, shorter turnaround times and increased efficiency, this port enhances Ghana’s ability to compete globally. It ensures that our exports reach markets more quickly and that our imports become more affordable for businesses and consumers alike. In a world that is driven by speed, technology and efficiency, Tema Port’s modernisation gives Ghana a competitive advantage. It is a strategic asset in attracting investments, creating jobs and facilitating trade across various sectors.”

President Mahama originally envisioned the expansion and, in November 2016, officially launched the $1.5 billion initiative, which has now been executed through the MPS–GPHA–APM Terminals–AGL partnership.