white bar

SUBSIDIARY NAME

Buipe Port Special Economic Zone and Water Front City Project

COUNTRY

Republic of Ghana

SECTOR/ INDUSTRY

PORT

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

August 19, 2022

ACQUISITION VALUATION

3 BILLION

TOTAL ASSET VALUATION

30 BILLION

SHIPYARD, DOCKS, PORTS

BUIPE PORT SPECIAL ECONOMICAL ZONE AND WATER FRONT CITY PROJECT: involves the development of a 1000 ha multi-purpose port and Special Economic Zone (SEZ) in Buipe with the following components warehouses and logistic complex building material and metal based industrial clusters Agro-processing industries. Truck terminal 70 MW solar power farm to serve the city and the port oil storage extension and probably gas storage (new). Sites for transport facilities (Truck & container parking area) multipurpose port for dry bulk and miscellaneous items (existing) small container port and water front city with distinct identity.

white bar