Graphic Business News

MPS to continue applying GPHA regulated tariffs

By: GPHA
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The Chief Executive Officer (CEO) of Meridian Port Services (MPS), Mr Mohammed Samara, has disclosed that the MPS the entity contracted to build the new port will not apply its own tariffs at the Tema Port expansion when operations begin next year.
According to him, MPS tariffs would remain regulated by the Ghana Ports and Harbours Authority (GPHA) and under no circumstance would that practice be ignored.

“The MPS tariff and the port tariff, as a matter of fact, are regulated. The MPS applies the GPHA’s tariffs on its operations and never diverted or gone out of the way to apply something new and we have no intention to reinvent a tariff for this. It will be the published tariff by GPHA which is regulated by the authority under its own board,” Mr Samara said in an interview with the media.
The CEO of MPS was making these revelations at a media engagement to update the media on progress of work at the magnificent port expansion site.
He told the media that with the creation of the deep water berths, the world’s biggest vessels would be able to ply their trade in Ghana, thereby reducing their travel time to other ports of call.
“On the marine side, we have dredged the channel to 18 metres to allow for vessels coming with a 16-metre draft and that is the biggest requirement for the biggest container vessels floating around this world,” he stated.

The port investment
Mr Samara said the port expansion was an investment into a highly sustainable and integrated infrastructural development that would promote the government’s vision of creating a highly industrialised economy through its one-district, one-factory project.
He stated that the first phase of the new magnificent terminal would be ready for delivery by June 2019.
“In June 2019, the construction will complete a section of phase one and then we will go live with that section on two berths.” — GPHA/GB