The government is collaborating with the private sector to develop a petroleum hub in the Jomoro District of the Western Region at a cost of six billion dollars.
The expected export value of the hub is US$60 billion and would create 680,000 jobs for the people.
Mr Kwabena Okyere Darko- Mensah, the Western Regional Minister, who said this at the Minister’s briefing dubbed: “The State of the Region Report” in Accra on Wednesday, said the hub would be a major growth pole for the nation.
The Minister said the petroleum enclave was in line with the government’s plan to make the region the hub for oil and gas activities.
Some of the key infrastructure expected in the hub include jetties, storage tanks, refineries, liquefied natural gas facilities, power and fertilizer plants.
Residential and commercial areas, security and emergency response area, waste management centre, water treatment plant and light to medium industrial area were the other facilities expected to be constructed in the hub.
Mr Darko-Mensah used the media encounter to update the public on major infrastructure projects and social interventions implemented by the government since 2017, as well as ongoing ones.
The Minister, for instance, mentioned the tier-three PTC interchange in Takoradi, which was 58 percent completed and expected to be ready in July next year.
The Takoradi Central Market Re-development Project, which was 68 percent completed at an estimated cost of 48 million euros and would be ready in February 2024.
The government, he said, had constructed an automated oil jetty at the Takoradi Port, created a modern container terminal at the Port, began the construction of a Forward Operating Base at Ezinlibo to enable the military to protect the country’s petroleum installations and respond swiftly to any security emergency.
It had also completed fishing harbour and landing beaches in Axim and Dixcove respectively, with facilities such as fish markets, net mending places, cold rooms, warehouses, day care centres, administration blocks and power rooms.
The 25-million-dollar Ghana National Petroleum Corporation (GNPC) operational headquarters was also progressing steadily.
Mr Darko-Mensah noted that all those infrastructure projects were in tandem with the vision of becoming a model region where all persons could effectively participate in the productive assets of the region for wealth creation. —GNA