The Petroleum Hub Development Corporation (PHDC) on Thursday, 20 November 2025, participated in a high-level strategic engagement organised by the United Kingdom Ghana Chamber of Commerce (UKGCC) to highlight the numerous investment opportunities within Ghanaโs Petroleum Hub project.
Chaired by Mr Kevin Dadzie, a member of the UKGCC Executive Council and Head of BP Ghana, the meeting focused on the various investment avenues in the Petroleum Hub project and explored how the PHDC could collaborate with the UKGCC to attract both local and foreign investors.
In his opening remarks, Mr Dadzie described the meeting as a strategic initiative to provide insight into the vision and direction of the Petroleum Hub project. He noted that the engagement was part of the UKGCCโs broader efforts to ensure its members are fully informed about the wide range of investment opportunities in the project, which, upon completion, will become Africaโs first and only integrated petroleum and petrochemical hub.
In a detailed presentation at the meeting, Mr George Asante, a Business Development Manager at the PHDC, highlighted the highly attractive incentive packages offered within the hub and articulated how the project will establish Ghana as Africaโs premier integrated energy and petrochemical hub upon completion.
The presentation was followed by an interactive Q&A session, during which PHDCโs Director of Operations and Technical, Mr Kwabena Owusu Abrakwa; Director of Legal, Mr Enoch Larbi; Director of Human Capital and General Services, Mr Dominic Osei; and Director of Sustainability, Dr Kwame Baah-Nuakoh, took turns to address various concerns raised by UKGCC executives and members.
Impact of Governmental Changes on the Project
One key concern was the projectโs vulnerability to political or regime changes. Mr Kwabena Owusu Abrakwa allayed these fears, explaining that the Petroleum Hub project is structured to operate independently of changes in government. He highlighted the strong bipartisan support and commitment from Ghanaโs leadership, noting that although the project was crystallised under the previous administration, the current government remains fully committed to its development and operationalisation.
Land Acquisition and Stakeholder Engagement
The PHDC directors confirmed that the acquisition of the 20,000-acre site is progressing, with expectations rife that the process for the issuance of the Executive Instrument (EI) will be concluded soon. They assured participants that extensive consultations have been held with traditional authorities, youth groups, and other stakeholders to resolve land-related concerns. They emphasised that the chiefs, elders, and residents of Jomoro fully support and are cooperating with the PHDC in developing the Petroleum Hub.
Local Content Prioritised
Local content development remained a key point of discussion. Mr Dominic A. Osei, Director for Human Capital and General Services, reiterated PHDCโs commitment to ensuring that Ghanaians benefit directly from the project. He assured that the corporation will work with partners to train and prepare the local labour force to take up jobs associated with the petroleum hub.
Commitment to ESG
Speaking at the meeting, Mr Kwabena Owusu Abrakwa also highlighted the corporationโs commitment to environmental sustainability. He explained that Environmental, Social and Governance (ESG) requirements have been integrated into investor agreements to ensure environmental protection. He also noted that components of the project, including electricity and ancillary services, would be powered by solar energy as part of PHDCโs green transition efforts.
Conclusion
The engagement forms part of ongoing efforts by the PHDC to forge strategic partnerships and attract investments to the Petroleum Hub project. Stakeholders expressed optimism that continued dialogue, combined with the PHDCโs emphasis on sustainability and local content, will position the Petroleum Hub as a transformative driver of Ghanaโs energy and industrial future.
