Ghana’s Petroleum Hub Project & Key Partner
Papa Kwasi Dentsil-Koomson
The President ,CEO, FFOSPA-AFRICA CEMENT GHANA LTD
My company has retained by one of its key clients to find financial investor(s), partner (s), or loan for Ghana’s Mega US$ 60B Petroleum Hub Project. This project being Build, Operate and Own (BOO) as implied involves construction and operation, and is more private driven with minimal public interventions.
This petroleum hub project is part of Government of Ghana’s strategic development initiatives to promote socio-economic growth targeted to strategically position Ghana as a hub for the petroleum downstream industry in the West African sub-region and the world at large. Moreover, Government of Ghana’s objective is to provide favorable environment for investors to create jobs while the investor(s) enjoys the many incentives in addition to the favorable economics.
My client, a consortium has a well capable team characterized by people of different and diverse backgrounds with both local, regional, and global relevant experiences; has gone through a significant portion of the process with the Ghanaian Government including presenting all the necessary documentations and now need financial partner (s), investors or 100% loan to seal the whole project if not significant key parts. A joint venture with my client is an option and in some aspect of the project especially involving the ancillaries a joint venture with my client as well as with the Government of Ghana is necessary. The proposed hub will be constructed and operated on a 20,000-acre ( 80. 94 million square meter) land designated as free zone is comprised of refineries, petrochemical plants, LNG plants, storage, jetties & port infrastructure, social amenities, infrastructure for offshore upstream, and ancillaries including power plants, light industry, waste & water treatment facilities to name a few phased into 3 i.e., phases 1, 2 &3.
The project despite phased has few parts that can be pursued dependently (i.e., sequential), however, the majority is independent (parallel) which makes it attractive for different groups to pursue different phases of project or aspects of each phase at the same time. For simplicity each phase can be valued at US$ 20 B, nevertheless, more weight to Phase 2 comprised of refineries, petrochemical plants, LNG plants and storage. Furthermore, investors will enjoy incentives including demonstrable Ghana Government commitment, provision of serviced lands including road networks, railway and utilities, 100% tax exemptions on duties and levies, exemption on corporate income tease for 10 years and there after not exceed 15%, losses carried forward, constitutional guarantee, no restriction on repatriation funds, total exemption from payment of withholding taxes from dividends arising form the petroleum hub, double taxation agreement (DTAs), Multilateral Investment Guarantee Agency (MIGA) Membership, Bilateral Investment Treaties (BITs), Guarantee against expropriation.
It is worth to point out that Company A connect profitable projects to investors, and we only work on finder’s fees bases which is % of the total gross value. Details of my client, the project and necessary documentations are available, and investor(s) interested in the whole or phases of the project should send below information as well as signing an NCNDA and necessary agreements.
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1. Letter of Intent
2. Profile of Company
3. Any information investor feels is necessary
Please if you are not strategic investor or partner dont contact me only serious investor.