The Director General of the Ghana Ports and Harbours Authority, Michael Luguje, has argued that the Port of Keta, when constructed would be economically viable, due to the commercial dynamics in the maritime trade.
“Trade is not conservative. Trade is always looking for access, facilitation, competitiveness, and convenience. In that same way, a shipping line investing its own resources in a port, like Lomé for example is still interested in investing in other neighboring ports.
This means they have worked out the economics and realized that concentrating in just one port would not be the best economically. They would rather be present in each port. Because each country has its special advantage,” he argued.
The GPHA boss said this at a stakeholder meeting with the Ben Kwao Group, an association of indigenes and ambassadors of the Keta township, who visited the Port Authority to acquaint themselves with the Keta Port project.
“For Ghana, you would have the opportunity of having way more cargoes bound for Ghana in addition to ones bound for other countries. From the economic point of view, there are a lot of positives that prove Keta is viable,” Mr. Luguje further averred.
The Director in Charge of the Keta Port Project, Dr. Alexander Yaw Adusei, said the port project is of utmost priority to the Ghana Ports and Harbours Authority, but asked interest parties to exercise patience as such a mega project takes calculated processes to be successfully executed.
“The major part of a port project is planning. At this point we are willing to listen to all suggestions that can help make the project a success for the people of Keta and the Volta and Oti regions. So, we need to unite as a family to get this project done. This is the closest we have come to realizing this project,” Dr. Aduseisaid.