The Petroleum Hub Development Corporation (PHDC) has signed a Memorandum of Understanding (MoU) with Mannschaft Engineering and Infrastructure Systems to secure GH₵300 million for compensation and construction of Phase One of Ghana’s petroleum hub.
The agreement, formalized at a signing ceremony in Accra, secures critical funding for compensation of affected landowners and paves the way for the commencement of Phase One of the ambitious Petroleum Hub project.
Speaking at the ceremony, Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC, hailed the agreement as a game-changer in overcoming one of the project’s major hurdles: land compensation.
“This partnership is a tremendous relief. Securing even half of the required funding for compensation alleviates significant pressure on the PHDC and accelerates our timeline for developing the Petroleum Hub.”
Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC
He expressed confidence that Mannschaft’s involvement would not only unlock funds but also guarantee world-class engineering, logistical, and technical services for the hub’s initial phase.
“I am elated to witness this milestone, the culmination of extensive behind-the-scenes efforts.
“This MoU secures funding for Phase One compensation, and I am confident that both parties will uphold their commitments. The PHDC is fully dedicated to implementing measures to achieve the agreement’s objectives.”
Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC
Dr. Aubynn, speaking on behalf of President John Dramani Mahama and the Minister of Energy and Green Transition, praised Mannschaft’s bold commitment and urged other Ghanaian enterprises to emulate the firm’s example.
Mannschaft Steps Up
Under the terms of the agreement, Mannschaft Engineering and Infrastructure Systems will disburse GH₵150 million as partial compensation for landowners whose properties fall within the 20,000-acre site earmarked for the petroleum hub.
The company is also tasked with playing a lead role in the resettlement of communities impacted by the development, while providing additional financial, technical, and logistical support for Phase One construction.
Beyond the compensation package, Mannschaft is committing another GH₵150 million investment into the hub’s infrastructure.
Maxwell Adu, Chief Executive Officer of Mannschaft Engineering and Infrastructure Systems, underscored the company’s long-term vision and alignment with Ghana’s industrial aspirations.
“The Petroleum Hub is a visionary endeavour to position Ghana as a leading energy and industrial hub in Africa.
“Mannschaft’s mission aligns seamlessly with this vision, and we are committed to leveraging our expertise in energy and logistics to drive the construction of Phase One.”
Maxwell Adu, Chief Executive Officer of Mannschaft Engineering
Mr. Adu added, “This project will not only transform Ghana’s energy sector but also create significant opportunities for local communities.”
With the MoU signed, Mannschaft’s first task will be the release of GH₵150 million to the Lands Commission to kickstart the compensation process for affected landowners.
Once received, the Lands Commission will issue an administrative fiat, formally declaring the acquisition of the project site and setting in motion the framework for compensating impacted families and communities.
This milestone will clear a critical hurdle that has stalled progress for years, unlocking the pathway to the hub’s construction.
The Petroleum Hub Project, one of Ghana’s most ambitious industrial undertakings, is envisioned as a world-class energy and petrochemical complex that will refine, store, distribute, and export petroleum products.
For Dr. Aubynn, the project is as much about national pride as it is about economic growth.
“This hub is not just infrastructure; it is a catalyst for Ghana’s industrial transformation.
“With partnerships like this, we can deliver a project that will outlive generations and anchor Ghana’s place in the global energy space.”
Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC
Stakeholders and local communities are closely watching developments, particularly the compensation and resettlement phases, which are often flashpoints in large-scale projects.
The PHDC and Mannschaft have both pledged transparency and fairness in dealing with affected landowners to avoid delays and conflicts.
As Ghana moves closer to breaking ground on the petroleum hub, the partnership between the PHDC and Mannschaft Engineering and Infrastructure Systems signals a new chapter in the country’s industrial ambition, one where local expertise and international standards converge to drive transformative growth.
READ ALSO: Ghana Set to Smash All 2025 Economic Targets – IC Research Hails Strong H1 Performance
