Tag: Prime Meridian Docks
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Afreximbank approves USD 50 million for Prime Meridian Docks Ghana Limited
The Executive Committee of the Board of Directors of African Export-Import Bank (Afreximbank) in Cairo has approved senior debt funding of USD 50 Million for Prime Meridian Docks Ghana Ltd (PMD). This is to form part of a USD 75 Million syndicated project-finance facility for the company’s maritime infrastructure project. The funding is to support…
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PMD signs $49 million ship repair facility construction agreement with CHEC
Prime Meridian Docks (PMD) has signed a $49 million Engineering, Procurement and Construction (EPC) agreement with China Harbour Engineering Company Ltd. (CHEC) to facilitate the completion of a world-class ship repair and maintenance facility at the Takoradi port. The project comprises the design and construction of a 200m long and 20m wide jetty, dredging, reclamation,…