Maersk's port company APM Terminals is planning a major investment in Ghana's largest port, Tema Port.
In a joint venture with Meridian Port Services, APM Terminals will invest over 1 billion dollars into the Ghanaian port.
Since 2007, APM Terminals, Bolleré Africa Logistics (Meridian Port Holdings) and the local harbour authorities have invested 145 million dollars into the venture.
Container volume will increase fivefold
While in 2013, the container volume totalled 670,000 20-foot equivalent units, it will increase to 3.5 million after the investment.
Four deep-water quays and a modern motorway connecting the Tema Port with the country's nearby capital, Accra, are part of the investments.