What Happened
West Africa Emerges As Global Ship Repair Hub
Ghana’s Takoradi Floating Dock project has secured $9.7 million in funding from the Private Infrastructure Development Group (PIDG), part of a growth partnership between Ghana and the UK. The $137 million project aims to provide a modern commercial-scale ship repair and dry docking facility in the Gulf of Guinea, addressing the current need for vessels to travel to distant locations for maintenance. The project is being developed in partnership with the Ghana Ports and Harbours Authority under a 25-year concession agreement. This development was reported by The Maritime Executive.