In a move to avert the expected congestion on residential and commercial facilities in Sekondi Takoradi ahead of the production of oil this year, Axis Park Ghana Limited has initiated the development of a 140-acre industrial, commercial and residential estate in Takoradi.
The Chief Executive of Axis Ventures, Mr. Kofi Tawiah, says the facility is to serve as an enclave for the companies that will be operating in the emerging oil industry.
The first development on the site, which is currently under construction, is a 3-acre operations centre facility for a leading international oilfields services company Expro, which has been contracted by Tullow oil to provide a range of specialist well testing and commissioning services for Tullows wells in Ghana.
Axis Park is the first development of its kind and one of many such developments that will be needed in the Sekondi Takoradi Metropolis to the facilities and infrastructural needs of the emerging oil industry in Ghana.
Speaking to Joy News’ Western Regional Correspondent Kwaku Owusu Peprah, the CEO Kofi Tawiah said that he had been planning an investment activity in the Western Region for the past 15 years and believes that, with the emerging oil industry in Ghana, the time is ripe for Ghanaians abroad to have the financial capacity to invest in the oil industry.
He explained that the Axis Park project is designed to build the facilities to suit the taste and structural requirements of the client who would rent it for a period for the operators (Axis Park) to recover their investment.
“For instance, I don’t think the oil companies would provide their own entertainment so a Ghanaian guy who wants to build a night club can approach us and we would build that facility to suit his structural specifications. The idea of an enclave is to provide an area where the people who live there could have everything they need there to make life comfortable,” he said.
Mr. Tawia stated that the company has so much respect for the environment and the preservation of the ecology.
Source: Kwaku Owusu Peprah/Myjoyonline.com/Ghana
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