CHEC Signs $600M Atuabo Port Deal

China Harbor Engineering Company (CHEC), a subsidiary of China Communications Construction Company Ltd (CCCC), has signed a contract to build a new port in Atuabo, Ghana.

This new port project includes construction of an 18.5 m deep channel and three quays with the varying depths (16.5 m, 12 m and 9 m). The project aims to provide general business and offshore logistics support for rigs and vessels working in regional gas, oil and cargo industries.

Construction is expected to start in the third quarter of this year and be completed in 25 months, said Philomena Kuzoe, the External Affairs Officer of Atuabo Free Port (AFP).

CHEC

According to Xinhua, this capital development project, worth $600 million, is a joint venture with 10 percent free carry shareholding for the Government of Ghana and 35 percent shares to be owned by state owned enterprises (SOEs), while AFP will own the rest.

The Chinese Ambassador to Ghana Sun Baohong and other officials from China and the Ghana Investment Promotion Center attended the signing ceremony.

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2019 Western Dredging Association Gulf Coast Chapter Annual Meeting

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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