Construction Magazine November 2015 | Page 80

ATUABO FREE PORT
The port could be able to reduce the operational cost of oil by up to one dollar a barrel continent , and Ghana is no different from other African states , this is a project where they ’ ve opened up the private sector to come forward with a solution : they ’ ve addressed the infrastructure deficit for this particular sector without using their balance sheets .
“ There are no government guarantees and there is no payment for constructing this facility from the Government of Ghana , so it frees up additional government funds that could be used to develop existing port infrastructure and other maritime sectors .
“ We see the potential certainly in the Ghanaian offshore context , the port being able to reduce
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80 November the finished 2015 facility to provide quality results on time and within budget .