Freight would move by rail from Tema towards Mpakadan, then about 415 km north by barge on Lake Volta and onward by road. Phase 1 includes four terminals, cargo handling and navigation works.
Project overview
Investment opportunity
Phase 1 capital sought is equivalent to US$204m. Full programme cost is equivalent to US$619.6m. EPC contractors, infrastructure partners and fleet-finance providers are sought.
Investment types sought
Project status
Development stage
Structuring & preparation
Current status / progress to date
Petroleum and bulk-cargo shippers are prospective first customers. Securing initial shipper commitments and finalising the service plan are the next key commercial milestones.
Expected impact
Economic & development benefits
- Increased throughput and efficiency at Tema Port, which handled 19.9m tonnes of cargo and 2.7m TEUs in 2025
- Reduced road congestion through modal shift, with a single barge replacing 60-100 truckloads
- Preliminary transport cost savings of up to 18% on northbound freight movements
- Potential cargo handling capacity of up to 8m tonnes annually
- Indicative IRR of 10-15%
Climate & resilience benefits
- Potential reduction in transport-related emissions through modal shift from road to rail and barge
- Potential improvement in transport efficiency and logistics resilience
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.