PHDC and Touchstone Capital Partners reaffirm commitment to advance US$12 billion Lot 1 agreement
The Petroleum Hub Development Corporation (PHDC) and its anchor partner, Touchstone Capital Partners, have reaffirmed their resolve towards the full development of Lot 1 of the ambitious energy project, which is estimated to cost US$12 billion.
The Petroleum Hub Development Corporation (PHDC) and its anchor partner, Touchstone Capital Partners, have reaffirmed their commitment to advancing the US$12 billion Lot 1 agreement for the Ghana Integrated Petroleum Hub project. This multi-phase initiative, estimated to cost US$60 billion over its lifespan, aims to transform Ghana and Africa's energy landscape, create over 780,000 jobs, and position Ghana as a leading integrated energy and industrial economy.
The project, structured around an integrated development ecosystem, will feature world-class refineries, petrochemical complexes, and logistics infrastructure, reinforcing various sectors such as manufacturing, digital infrastructure, finance, education, and healthcare.
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
