Atuabo gas will boost socio -economic activity in Western Region


The Freeport sited at Atuabo in the Ellembelle

district of the Western Region, will offer Ghana a strategic opportunity to become a

regional hub for support services in the West African sub-region.

Members of the Nzema Youth for Peace and Development (NYPD) noted that the

establishment of the Atuabo Freeport, located in the heart of the new oil enclave, would

open up the area to the international market, and promote the socio-economic activities

of the people.

The NYPD has, therefore, condemned a group of people criticizing the location

of the Freeport that it would pose economic and security threat to the nation.

Addressing a press conference at Anochie, Mr Abizi Morkeh, President of the

NYPD, flanked by his executive members, noted that the establishment of the Freeport

would enhance their economic development and that of the entire nation.

He said while the farm lands of the people were destroyed to pave way for the

establishment of the Freeport, they were equally having challenges with their fishing

business which served as the main source of their livelihood.

They, therefore, expected that the project when completed, would create jobs

for the indigenes, giving the assurance that the area had qualified people to take up

various jobs demanded, while a lot of the people were also upgrading themselves to become

skilful to win employment in the industry.

On security, he indicated that such a huge and beneficial project would not

be established without putting security and other stringent measures in place saying that

the Navy Personnel and other security agencies would continue to be alert.

Mr Morkeh urged the five Members of Parliament (MP) who had taken legal

action against the establishment of the project, to rescind their decision of seeking an

appeal after the case had been dealt with to give the go ahead of the project.

Describing the action of the MPs as ?blockers of decentralization and

national development and anti-development agents?, he said their action was only stalling

the progress of the project, and called for a halt to that.

The NYPD questioned why the five MPs did not put up their protest when the Bill

on the project was laid before Parliament, but rather waited after it had been passed

before raising an objection.

The MPs are Mr Kwaku Kwarteng-Obuasi West, Mr Kwabena Okyere Darko Mensah,

Takoradi, Mr Joseph Cudjoe, Mr Kofi Brako Tema Central and Madam Hawa Koomson, Ewutu

Senya East.

The Atuabo Freeport project has four distinct areas within the development to

create a one-stop shop for the oil and gas industry.

They include logistics base to support the supply chain to offshore platform,

provision of sub sea fabrication, oil rig and support vessel repair base and business

support infrastructure.

The government has 10 percent shares in the Atuabo Freeport Ghana Limited,

with Lonrho having 35 per cent, other institutional investors 20 percent, and Ghanaian

Equity Investor Group 35 percent.

Source : GNA/

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