The Vice President of the Republic of Ghana Dr. Mahamudu Bawumia has cut sod for the first inland marine port in the part of Ghana.
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I cut sod for work to begin on the construction of the first Inland marine port in the northern parts of Ghana and an accompanying Industrial Park at Debre in the Savannah Region.
The multimodal transport corridor, known as the Trans-Volta Logistics Corridor, is being undertaken by LMI Holdings and involves the development of a system to transport containers and bulk cargo from the Port of Tema to Burkina Faso and other landlocked countries via the Volta Lake. An additional port, to be constructed at the termination point of the Tema-Mpakadan railway line, will facilitate the embarkation and disembarkation of cargo from Tema and Debre.
I congratulate LMI Holdings for this impressive feat. As a company, LMI comes to this project with a plethora of experience in infrastructure development. With over $450 million in assets, this Ghanaian conglomerate has interests in construction, industrial utilities, property, and logistics. In the last 20 years, since LMI Holdings developed the Special Economic Zones, over $3.4 billion of foreign direct investment has been contributed to Ghana’s economy.