On Monday, August 25, 2025, the Petroleum Hub Development Corporation (PHDC) held a productive meeting with the globally renowned Qatari firm Al Jedad Holdings and its local partner, Fortune Investment.
The meeting, chaired by Halimatu Sadia Abdulai Abu, PHDC’s Deputy CEO of Finance and Administration, enabled both PHDC and Al Jedad to advance prior discussions and move closer to an agreement.
Joining via Zoom from Singapore, where PHDC is participating in the 2025 Africa-Singapore Business Forum, Acting CEO Dr. Toni Aubynn highlighted the incentive packages available for companies involved in the hub project.
He declared a 30-day period to secure regulatory approvals, allowing Al Jedad Holdings and other companies to participate effectively in the petroleum hub’s construction.
Halimatu Sadia Abdulai assured attendees that PHDC is actively engaging with regulatory agencies to eliminate potential bottlenecks associated with the project.
The meeting featured a compelling and detailed presentation by Kwabena Owusu-Abrokwa, Director of Operations and Technical, on the Petroleum Hub project.
He focused on the petrochemical plants, specifically the construction of a fertiliser plant, ports, and jetties, outlining the steps and measures PHDC is implementing to ensure a seamless construction process for Al Jedad Holdings.
Speaking on behalf of Al Jedad Holdings, Managing Director Abdelkader Boukari expressed confidence in the project, emphasising his firm’s commitment to making the fertiliser plant a cornerstone of the hub.
He expressed satisfaction with the meeting and optimism about formalising a partnership with PHDC in the near future.
