Maersk to Boost Investments in Ghana

Maritime Activity Reports, Inc.

March 14, 2016

Maersk Group CEO, Nils S. Andersen. Photo: Maersk

Maersk Group CEO, Nils S. Andersen. Photo: Maersk

 Maersk Group says it is committed to a long-term partnership with Ghana, and will boost its investments in the country.

 
Accroding to local media report, the Maersk Group Chief Executive Officer, Nils S. Andersen, revealed that Maersk is interested in playing an active role in Ghana’s growth through investments in trade, infrastructure and energy.
 
“Together with our partners, we have committed $1.5billion to the expansion of the port in Tema which would create probably the largest and most modern terminal in sub Saharan Africa. This will enable Ghana’s trade for the coming decades, and support more efficient flows of exports as well as imports” Andersen said.
 
Nils S. Andersen described Maersk Line’s 25-year-partnership with Ghana as a very positive and productive one; hence the company’s decision to invest more in the country. Maersk, with its headquarters in Denmark, commenced operations as far back as 1904.
 
“Ghana is important to the Maersk Group. Ghana represents 5 percent of Maersk Line’s business in Africa which is quite a lot and it’s a country where we want to invest more.”
 
Maersk, is operating the current containers terminal Meridian Port Services (MPS) in Tema through its subsidiary APM Terminal, in conjunction with some partners. APM Terminals has now tied forces with its partners in MPS to invest some $1.5billion in expanding the Tema Port.
 
Andersen said the construction of a new container terminal as part of the Tema Port expansion project will ensure a smooth transfer from the old container terminal to the new container terminal in the future to the benefit of the country.
 
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