About us

CEO’s Message

Charles Owusu

Chief Executive Officer

As the CEO of PHDC, I take pride in my leadership role within the Corporation. With a sense of urgency driven by the vital demand for petroleum products both within the sub-region of Africa and globally, I am committed to driving this massive infrastructural development. Recognizing that the establishment of the Petroleum Hub is pivotal to Ghana’s economic advancement and the apparent industrial renaissance, my team and I are committed to pursue this mega infrastructural development.

At PHDC, our vision is clear: to become the Petroleum Hub of choice. Central to this ambition is our unwavering dedication to safeguarding and enhancing investments for our stakeholders’ benefit. Leveraging the provisions outlined in the PHDC Act, 2020 (Act 1053) we prioritize investment promotions, investment facilitation, aftercare and advocacy, development of the Hub as well as preparing an industry-ready workforce to drive the implementation and growth of the Petroleum Hub. The integrated Petroleum and Petrochemical complex will include refineries, petrochemical plants, storage facilities, jetties, port infrastructure, and airstrip among others. By meticulously cultivating a competitive, sustainable, and conducive investment environment, we are confident that PHDC will realize our vision with you as our investment partner!

Who we are

The Petroleum Hub Development Corporation (PHDC) is a body corporate established under the Petroleum Hub Development Corporation Act, 2020 (Act 1053) to promote and develop a petroleum and petrochemical hub for the West African sub-region and beyond.

The Corporation was established to address the growing petroleum and petrochemical product demand and services of the continent through research and development of novel technologies in the petroleum sector. The Corporation seeks to develop a value chain that creates economic linkages and provide business growth and opportunities for Ghanaians and other African Nationals. We create valuable investments that drive economic growth, unlock investment opportunities and create employment for Africa’s teeming youth.

Our team of experienced professionals provide valuable insights and guidance to investors and support them to navigate the Ghana market. As the first point of call for investors, the Corporation has built a reputation as a reliable partner for businesses seeking to establish themselves in Ghana’s Petroleum Hub.

We leverage on our expertise, resources, and strategic partnerships to position the Petroleum Hub as an attractive investment destination in Africa, offering investors a stable political environment, a favorable business climate, a thriving market economy and abundant resource-based economy.

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Functions

As the promoter and developer of Ghana’s Petroleum Hub, our functions include but not limited to planning, promotion, implementation and development of the Petroleum Hub. To achieve this, we undertake a range of strategic functions

Find out more about our functions by clicking on the Act

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Vision

To be the Petroleum Hub of choice.

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Mission

To promote and develop a competitive, sustainable and enabling environment for investments in the midstream and downstream petroleum industry.

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Core Values

• Safety

We promote and practice principles to build a secured environment for all stakeholders.

• Ethics

We uphold trustworthiness and utmost integrity.

• Professionalism

We express high competence through our attitudes, behavior and interactions with everyone.

• Sustainability

In pursuing our objectives, we balance economic, environmental and social considerations

What we do

We serve as the primary point of contact for investors, suppliers, partners and all stakeholders doing business in the Petroleum Hub. We offer a variety of services to assist both local and international companies in realizing investment opportunities in the Hub. Our goal is to provide a “one-stop-shop” service aimed at helping investors navigate the investment landscape in Ghana with ease and maximize their potential for success.

✔ Investment Promotion

At PHDC, we promote and showcase the investment opportunities available in the Petroleum Hub to potential investors. We provide investors with research-backed information, tools and resources needed to make informed investment decisions in the diverse range of sectors and industries that are available in the Petroleum Hub. We conduct market research and analysis, disseminate the information through publications, reports, and online platforms to help investors to identify sectors and industries with high potential for investment in the Petroleum Hub.

We develop and implement investment promotion programmes to attract investors and encourage investments in key and ancillary projects.
We participate in international & local trade shows, exhibitions, and conferences to showcase investment opportunities and attract foreign and local investors into the Petroleum Hub.

✔ Investment Facilitation

As a body corporate, we strive to create an appealing investment framework that is characterized by transparency, predictability, and profitability. Our goal is to provide investors with a conducive environment that fosters success and growth.

Assisting companies operating in the Hub to acquire all relevant licences and permits from the relevant regulatory bodies.
Coordinating and facilitating investment activities in the Hub.
Collaborating with investors for the development of the Hub.
Enabling communication between investors and government ministries, departments, agencies, and other relevant authorities.
Providing investors with up-to-date information on the incentives available to them in the Petroleum enclave.
Offering support services to both new and existing investors.
Encouraging networking and business opportunities between local and foreign investors.
Compiling, analyzing, and disseminating relevant information about investment opportunities, capital sources, and the overall investment climate upon request.

✔ Investor Advocacy

We are committed to improving the investment environment by representing the interests of investors, advocating for their concerns to be considered during policy formulations and reviews. Our goal is to promote a collaborative approach to decision-making that ultimately benefits both investors, the community and Ghanaians in general.

Constantly engaging government officials, industry experts, and other key decision-makers to ensure that the interests of investors are represented.
Facilitating opportunities for constant interactions between the business community, investors and government through roundtable discussions, meetings and stakeholder dialogues.
Educating investors on policy developments and changes that may affect their businesses and provides them with the necessary support and guidance to navigate these changes effectively.

PHDC operates a transparent, open-door policy for investors who have concerns or feedback on policies, and works to address these concerns promptly

✔ Aftercare Services

At PHDC we are committed to delivering exceptional aftercare services to investors, ensuring they achieve their goals and thrive within the enclave.

Assisting investors navigate the regulatory landscape and overcome any compliance challenges that may arise.
Supporting investors to minimize operational issues that may hinder the implementation of their projects, hamper their operations and impact the growth of their businesses.
Advocating and serving as a liaison between government and investors to ensure investor-friendly policy formulation