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Westminster happy with terms for Tema port contract

Westminster Group PLC (LON:WSG) says it is pleased with the terms for its container screening contract at Terminal 3 at the Port of Tema in Ghana.

Agreement in principle has been reached with all of the main parties, said the security group, and final contracts will be signed when financial arrangements between port operator Meridian (MPS) and the harbour authorities are in place.

Westminster and partner Scanport started x-ray screening and secondary search operations of all containers passing through Terminal 3 at Tema in June.

Payment currently is being made on account ahead of the signing of the final contracts.

The Terminal 3 container port at Tema is a US$1.5bn development project by MPS.

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